Business Planning Season 2017: Should You Incorporate Your Business?

Business Planning Season 2017: Should You Incorporate Your Business?
The short answer is an emphatic, yes. There are many important reasons to incorporate or organize a business. One of the primary reasons is to insulate your personal assets from the debts of the business. If for any reason your business is sued, then your personal savings and other assets are protected from any judgment a court may render against...

End-of-Year Checklist for Your Small Business

End-of-Year Checklist for Your Small Business
It's a great time of year to consider some year-end steps for your business so that you can have a clear business focus at the start of the new year.Here is a simple end-of-year checklist for your small business:Reconsider Your Business Structure If you started your business as a sole proprietorship or general partnership, it is great time to...

Buying a Business? 5 Must-Follow Steps

Buying a Business? 5 Must-Follow Steps
Buying a business is a business activity where an entrepreneur or an experienced business owner, instead of starting a new business from the scratch, buys an established organization or business involved in the particular service or products the owner is interested in.Buying a business has its share of advantages like:Steady income from a loyal...

Ideal Vesting Norms for Corporates

Ideal Vesting Norms for Corporates
Entrepreneurs should embrace the term "vesting" more than intimidating phrases such as "pre-money valuation" or "anti-dilution adjustments." Vesting is a form of investing that gives the investor choices in the form of stock options. Here are more details on the benefits of vesting.Vesting Option Shares Vesting involves an employee or contractor...

Different FICO Scores: Why They Are Important for Your Business

The FICO score of your business can make a big difference in interest payments on loans. That's why it's a good idea to maintain as high of a score as possible, so that when loans are needed, you won't have to face high fees.Here are more details about FICO scores and how they can affect your business:Various Scores Your financial condition is...