The nature of our economy is that it will be a constant cycle of recession and upswing. With that being said, it’s essential that an entrepreneur plans for both. There are some great bad-economy business ideas that one should consider before launching your business.
A business name can make or break a business — it’s just that important. Think about it: choosing a business name that doesn’t match the true meaning of the business and the types of services provided can lead to confused customers who may turn to another company.
To become a successful soloprenuer and learn the ins-and-outs of starting a company, you might network, attend a conference, read books, attend webinars, join an industry-related organization, take an online course…or even take an improv class.
One in three Americans, and more than half of millennials, have a side hustle to bring in an extra $686 a month on average, according to a Bankrate report. And the average side hustler makes an additional $8,000 annually. But some side hustlers could tap into their hidden potential and make even more. At some point, you might consider turning your side gig into a full-time opportunity.
Since an LLC is a separate legal entity that’s still tied to your personal taxes, tax time can be a bit tricky to navigate. Here are some tips to help ease the headache that often comes along during this stressful time of year.
Being an entrepreneur means more than just owning a business in the present moment— it means solidifying your legacy as one that transcends time. A business can solidify your legacy since it’s a mark you leave behind on the world; it impacts other people, things, and places.
Women are starting an average of 1,821 new U.S. businesses each day, according to the State of Women-Owned Business Report commissioned by American Express. That is roughly 655,560 businesses this year alone. As of 2018, women own 12.3 million businesses (or 40 percent overall), according to that same report.
Although forming an LLC has become one of the most familiar options for entrepreneurs when first starting out, an S Corp is also a popular choice among small business owners — and here’s why.
Every day you scroll on Facebook and Instagram, watching your connections (and those random people you have no idea how you started following) self-promote their businesses. You watch their Instagram stories or read their posts on Facebook and ask yourself, “Why can’t I do that?” The answer is you can.
Food trucks can be a delicious money maker. According to Food Truck Nation, the food truck industry is estimated to have reached $2.7 billion in revenue in 2017. This is a 300 percent increase in revenue in the past three years, with food trucks active in over 300 cities.
The Texas Amnesty Program allows some business owners who are delinquent on previous state filings to “wipe the slate clean” from any outstanding penalty and interest fees owed. But this program has a deadline that is quickly approaching!
You may have always wanted to own a business, but the thought of getting that business off the ground intimidates you...When you don’t want to start from scratch, a great alternative is buying a franchise.
If you are serious about forming and growing your business, then you need serious help — that starts with forming your business entity correctly and quickly. Incfile can help!