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Aundrea Wilcox Talks About Her New Book STARTUP SAVVY

Business Editor — Sat, 04 Feb 2012 12:13:48 +0000

Starting a business is tough. Surviving the startup phase is even tougher. An alarming number of small businesses do not manage to stay afloat beyond five years, because of unplanned and misdirected spending; short-sighted planning; under- and over-reaction to competitor moves; ineffective marketing; and because the owners fail to perform in functions they genuinely believe they are experts, whether it is finance and administration, marketing and sales, personnel and compensation, or management and operations. STARTUP SAVVY is jam-packed with relatable real-world entrepreneurial stories from seven actual small businesses combined with solid advice from professional small business advisor, Aundrea Wilcox, MBA. Buy The Book Today: aundreaywilcox.com Visit Website: www.startupsavvy.biz Follow On Twitter: twitter.com LinkedIn: www.linkedin.com Read Blog: aundreaywilcox.com

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Steps to Starting a Business

Business Editor — Fri, 01 Apr 2011 19:32:26 +0000

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Solid Guidance in Regards to Opening Your Own Business On the Internet

Business Builder — Fri, 11 Mar 2011 18:14:34 +0000

Starting with opening your own business online isn’t as hard as you may well think. Yes there are particular things that you are going to must do but a large amount of things can also wait, depending on the kind of business you want to run.

These are in my experiences, the top items your need to understand.

Is it a Hobby or Full Time Business

Understand obviously if you want to pursue this is a fulltime serious business or just a past-time you hope to make a little extra cash from. There is little wrong with either of these options unless you are mentally hoping for one and running it like the other.

If you want this to be a heavy business, then be prepared to invest at a minimum, 2 hours a day on it. Yes, that’s everyday and that’s a minimum.

Get an Accountant

The second thing I suggest you do is schedule an appointment with an authorized accountant to understand precisely what you want to ensure you aren’t breaking any rules. This is also a very important step, so that you can get your book keeping in order straight away.

Your accountant will help you obviously understand what options you’ve got and the different sorts of businesses you can specify yourself with. For instance, you may be keen on getting incorporated but you might find from your accountant that it might be less complicated for you to begin with a simply business registration and a DBA. Then after you business begin to take off you might look at making an investment in getting incorporated. Your accountant will know the best options for you.

Continue to read about Opening Your Own Business Online.

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Starting a Business : How to Get Start-Up Business Financing

Business Editor — Thu, 28 Oct 2010 02:43:18 +0000

Start-up business financing comes from raising money, loans and credit cards. Get financing with tips from a successful business owner in this free video on business tips. Expert: Clayton Christopher Contact: www.sweetleaftea.com/ Bio: Clayton Christopher is the founder and owner of Sweet Leaf Tea Company, a rapidly growing small business. Filmmaker: Drew Noah

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Business Startup Exhibition

Business Editor — Sat, 17 Jul 2010 12:14:03 +0000

The UK’s biggest exhibition for anyone starting a business, or expanding an existing business. Supported by a number of high profile business celebrities such as Richard Farleigh, Doug Richard, Levi Roots and Michelle Duberry to name but a few. The show takes place over 2 days and is completely free to attend – and with over 200 exhibitors on hand, and over 100 free seminars it really is a must-visit show for any new business.

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Business Startup Tips – A LLC Business

Business Editor — Sun, 05 Jul 2009 12:29:47 +0000

At one time, when a business owner had to decide what structure they wanted their company to be based on, usually only two options were available, partnership or corporation. Recently, another option was introduced that many have since taken advantage of and that is a LLC, or limited liability company. Some claim that this type of business takes the better of both the other two and combines them together for a unique business structure. On the one hand you have the benefit of being a corporation, which protects you from personal liability, yet you also have the benefit of a partnership, and are able to pass the profits and losses to the owners without having to tax the company itself.

LLCs are on the rise, as more and more company owners are discovering the savings, flexibility and liability protection it offers. With a smaller company it allows for the avoidance of personal liability, but at the same time, if the venture is not be ready to incorporate, then it is an ideal structure.

You may want to explore some of the advantages and disadvantages of forming a LLC. Most state regulations concerning the formation of this type of business do not reflect the more recent taxation changes and it can be quite a bit more expensive to form this type of company, versus a partnership or sole proprietorship. However, individuals have a limited amount of personal liability, the profits and losses have a different allocation and the IRS will now allow you to choose between being taxed as a corporation or as a partnership.

In recent years, all 50 states have adopted limited liability company laws, offering a very attractive alternative that most small enterprises, including the smallest home-based ventures, should consider. Even with all of the paperwork and at times, expenses involved, it is considered an ideal structure.

There are different ways that a LLC company may run its business. They can appoint one of their members to act and fulfill the duties of president or vice president, or any other position they see fit. Normally, a LLC is owned by its members, meaning that they can appoint managers to directly manage the company for them or they may apportion the duties among themselves. States will normally allow a limited liability company to structure their enterprise in whatever manner they choose.

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