Saturday, February 11, 2012

About Small Business Information: Business Terms; Starting a Business; Incorporation

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From Alyssa Gregory, your Guide to Small Business Information

Another week is winding down, so here's another recap of new small business posts on the site this week.

Enjoy the weekend!
Alyssa

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The Start of a Small Business Glossary

dictionaryThere are hundreds of small business words and phrases that are important for all small business owners -- new and seasoned -- to know and understand. I have started to create a small business glossary on this site that will serve as an introduction to and reminder of the most important small business terms.

To kick us off, here are the first three of many phrases I'm including in the small business glossary:


Find Out If You're Ready to Start a Business

question markThere are many factors that go into the decision of whether or not to start a business. Some people know what they should do right away; some take years to figure out if starting a business is the right move for them.

Neither path is right or wrong, but being in the "unsure" phase for a long period of time can be difficult...and it can exacerbate the fear of failure while eating away at your confidence.

If you're on the fence about starting a business, this quiz will give you some insight and direction on what to do next:

Quiz: Are You Ready to Start a Business?


Advantages & Disadvantages of Incorporating Your Business

signatureOne of the decisions you need to make when you start a small business is how your business will be structured. For some, it's an easy decision, particularly when the business will be a sole proprietorship or a partnership. But for other business owners who are deciding between a limited liability company (LLC) and various forms of incorporation, the decision can be much more difficult.

If you are considering forming a corporation, there are a number of pros and cons you should explore before making your decision. The feature articles below will tell you what you need to know:




 


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This newsletter is written by:
Alyssa Gregory
Small Business Information Guide
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