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Small-Business Success: Understanding Your Market Understanding Your Industry Before anything else, understanding your industry is the foundation of establishing your firm. Begin by learning about your consumers and the specific problem you want to address for them. Taking it a step further, recognize the significance of your position in the world as a small business and discover […]

Start an LLC in American Samoa, and that means owners or members will not incur state-level taxes. Yes, American states do not tax LLCs, but members or owners of the LLC are almost always taxed based on their share of income. Ordinarily, LLCs are taxed in line with corporations and subject to corporate tax rates at the state

BUSINESSES YOU CAN START IN A RECESSION Business Opportunities Are recession-resistant businesses a myth? Is it true that they exist? What kinds of businesses can you start during a downturn? According to experts, these five start-up ideas are ideal for times of economic downturn due to consumer demand. It can be intimidating to become an

LLC Defined When it comes to starting your business, there are many legal structures to consider. One of the most popular business structures is known as a Limited Liability Company, LLC or LLC as a legal entity that gives business owners added benefits compared to a sole proprietorship or general partnership and helps protect owners assets. LLC Meaning  Limited

HOW TO HIRE YOUR FIRST Hired Employee  It does not have to be tough to hire your hire employee. To begin, all you need to know is the procedure to follow before the interview. Looking for the perfect staff for your business? Hire Up Staff can help you find talented, experienced professionals to join your team. We source

Strategies for Using Social Media to Market Your Small Business? Social Media Marketing Social media can help you interact with your customers and learn what people are saying about your company. Social media eliminates barriers to meeting people, staying in touch with them, and establishing international relationships. Social media can benefit your company by bringing in new clients,

Register as LLC | Register LLC | LLC Best State When should you register as LLC in a different state?  When you do business nowadays, you will often come across the need to go beyond the borders of your state. In other words, you will come across the need to conduct business in multiple states at the

Do you need to file a DBA for your business?  DBA is the abbreviation for Doing Business As. In other words, it is a fictitious business name that your business can have. For example, it can be a trading name. The concept of DBA provides extra protection to consumers. For example, it can prevent unscrupulous business owners

Business Structure | Business Structure Types | Structure LLC Are you too late to change your business structure?  When you are starting a new business, you need to pick the right business structure from the first day. However, there are situations where you will notice that you are not adhering to the right business structure after some

Limited liability of a company At the time of starting a new company you need to have a clear understanding of how to register it. This will determine the way how you manage your company in the long run as well. Most small business owners out there are keen to operate their companies under a sole proprietorship. That is because it