Which structure is best for the success of your small business?
Regardless of the industry you’re in, the way you structure your business will have ramifications long into the future. From the amount of tax you pay to the administrative load and your level of personal liability, the consequences of your decision can be serious; and they may have a profound influence on the success of […]
What you need to know before starting a business
Starting a business is part science, part art, and a large part hard work! It can get lost in all the excitement but you need to get the balance right. Approximately 20 percent of all small businesses fail in their first year; and your chances of your business making it to five years are around […]
ON versus IN: Why you should work on your business instead of just in it
“You need to work on your business, not just in your business.” Made popular by The E-Myth Revisited author Michael Gerber, it’s advice I’m sure you’ve heard dozens of times over the years (I certainly have). But despite being told over and over again, many small business owners still don’t seem to truly understand what […]
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