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Developing a Business Plan

For the business owner who has spent hundreds, if not thousands, of hours thinking about and planning his or her business, it may seem like a waste to spend the time, effort, and energy to develop a formal business plan. But, there is a great deal of difference between pondering business choices and developing a business plan. There are three […]

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Creating and Using an Employee Benefits Policy

Many small business owners claim their greatest challenges are attracting, retaining, and motivating their employees. With a strong economy and a tight labor market, it is essential to keep turnover low and productivity high. And while few, if any, employees will work without being paid a fair wage, the total benefits package is often the key element in an employee’s […]

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Choosing the Right Legal Form for Your Business

Choosing the appropriate legal form for a business is one of the first issues most entrepreneurs face. It is an important decision at the formation stage and also as a business grows. Sole proprietorships usually are the easiest. Corporations offer some different advantages, but often with additional complexity. This article addresses some of the pros and cons of different types […]

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