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Since every business has its own set of unique challenges, it can be difficult to pinpoint which legal matters you can handle yourself and which require an expert. Here are a few guidelines.
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SCORE Central Coast
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SCORE Central Coast
It makes good sense to put together a business estate plan that covers your company’s assets, trade secrets and organizational structure so that forces beyond your control don’t slow it down.
Many successful businesses started as one-person operations. Whether you expect to add employees in the future or plan to stay solo, these tips will help you run your one-person business properly.
Lack of awareness about your credit score can impact your business’s goals and vision.
The hardest part of starting a business is not coming up with the idea. Despite the pain, many feel during the process, it is not preparing a good business plan (particularly if one has a SCORE mentor). The hardest part is getting the scratch.
The salary you take out of your business needn’t be huge, but it should be meaningful to you.
Slowing cash outflow in your business enables you to hold onto cash longer so you have more money available and more flexibility in your business. Here are some ways to slow cash outflow.
The purpose of any business is to win customers, which requires marketing. If your cash registers don’t ring, you had better find out what fast.
you have at least one employee, you’re responsible for payroll taxes. These include withholding federal and income taxes and FICA tax from employees’ wages as well as paying the employer share of FICA tax and federal and state unemployment taxes.
