HOW DOES BUSINESS DEBT HELP ME QUALIFY FOR CHAPTER 7 BANKRUPTCY? Many small businesses close within the first 18 months after opening. It is estimated that approximately 80 percent of new businesses fail within the first 18 months. Fifty percent of new businesses fail after the first four years of being opened. Only one in five businesses ma...

More and more people are choosing to create and run their own businesses, and that's exciting. Yet building a startup will give you a lot to think about, and it is easy to forget a small but hugely important aspect of the legalities of running a business. This post will give you an overview of some of the most important things to think about when y...

One of the primary reasons to go into business is to turn a profit. That doesn't necessarily mean making more money. You can also increase your company's profitability by cutting back on your expenses. One way to do just that is by finding ways to save money on commercial insurance. Granted, you still need to make sure that you have adequate covera...

Financial service providers should work in the best interest of their clients, but a small misunderstanding of your provider's language can lead to a profound legal difference. The difference can have a major consequence in how the financial planner works for you. Commission-Based When you work with a commission-based service provider of any kind ,...

  Keeping on top of your finances and sticking to a set budget is one of the most important things new businesses will have to do. For most start-ups, money is tight, so accounting for every penny is an absolute necessity. No matter what industry you're in, a strict and well thought out budget will ensure you don't spend too much money and wil...

  Training your employees is ultimately good for your business. Not only can it improve performance and staff morale, investing in the development of employee's increases profit. The best part is, you get to choose what skills you want you workforce to gain by identifying the needs of your business. Nobody is perfect. Most employees with have ...