Archive for November, 2010

Hiring a strong team

Wednesday, November 10th, 2010

Leading a new company presents entrepreneurs who have just started a corporation with the task of handing over some responsibilities without falling into trap of micromanaging. Relinquishing some of the burden to a set of new employees is always easier if business owners have the "right" people working for them. Hiring the best employees gets [...]

Packaging design essentials

Tuesday, November 9th, 2010

As entrepreneurs begin to develop their product after filing an LLC, they should take the time to craft packaging that will speak to potential customers. Stefan Boublil provides a list of elements entrepreneurs should consider in an article for American Express' OPENForum. The small business expert writes that powerful packaging has a clear message – [...]

Tax planning for start-ups

Monday, November 8th, 2010

As entrepreneurs get ready to start a corporation, tax planning is essential and can lead to substantial savings down the line. The Los Angeles Times recently offered small businesses tax advice to help them navigate the sometimes complicated waters of tax policies. Often entrepreneurs do not realize that they have to file a tax return [...]

Five questions to gauge startup readiness

Friday, November 5th, 2010

It is important for entrepreneurs to assess their startup readiness before filing an LLC. StartUpNation recommends that entrepreneurs ask themselves five questions before beginning their new ventures. First, aspiring business owners should consider whether their corporate experience has prepared them to run a small business. Skills gained managing a large team may not directly translate [...]

Preparing for negotiations

Thursday, November 4th, 2010

Entrepreneurs forming a company will have to negotiate a variety of deals and agreements with venture capitalists, suppliers and more. Gary Kaplan, an attorney, offers several tips to business owners in an article for StartUpNation. First, entrepreneurs should ensure they arrive to negotiations well prepared. In order to do so, entrepreneurs should write down what [...]

How to build a strong foundation for a startup

Wednesday, November 3rd, 2010

As entrepreneurs draw up business plans as they prepare to start a corporation, there are some key ideologies that are crucial to the success of a startup. Scott Heiferman, the co-founder and CEO of Meetup, a social network for local groups, recently shared with Mashable the values that helped bring his venture success. Although forming [...]

Becoming a strategic leader

Tuesday, November 2nd, 2010

Entrepreneurs who are getting ready to start a corporation, will be faced with the task of balancing short- and long-term goals, which can leave business leaders feeling overwhelmed. In an article for Forbes magazine, contributor Kate Beatty offers advice for how business owners can become strategic leaders. Entrepreneurs need to know how to position a [...]

Building consumer confidence in ‘green’ products

Tuesday, November 2nd, 2010

For entrepreneurs interested in filing an LLC for a company that sells environmentally friendly products, it is important to market the company in such a way that consumers will have confidence in its certifications. Consumers are sometimes dubious of the marketing claims green products make. The Federal Trade Commission recently proposed updates to its "Green [...]

Developing a sales team

Monday, November 1st, 2010

Small business owners who want to form a corporation often have to wear many hats, including that of sales manager. However, as the business grows, owners will be able to hire a sales team and need to know how to build and track a sales pipeline. Donna Fenn of Inc. magazine offers tips for entrepreneurs [...]