While there may be many business owners in New York and elsewhere who wish to start and run a company all on their own, others may feel that hiring help is preferable. Allowing employees to assist in operations can be beneficial in various ways, but there could be...
Should I bring on a business partner?
There are many reasons you may consider adding a partner to support your company. You may notice areas where you need additional support. Your business may be gaining popularity, and it is time to expand. A partner can be a tremendous benefit if you choose the right...
The advantages of starting a franchise
If you want to start a company, one basic choice that you need to make at the beginning is whether you want to start a brand new company or buy a franchise license. If you choose to buy a franchise, you get to operate with the branding and business model created by...
What costs do you have with your commercial lease?
You decide to rent a space for your new business. You want a prime location, after all, and the company doesn't yet have the capital to buy. You figure you can rent for a few years and then invest in a building of your own.When you sign that commercial lease, make...
Your business plan should be a road map
When you make a business plan, it sets up how you want to run your business and what goals you have. This is a critical part of starting a new business, especially if you are signing a contractual agreement with one or more business partners and you want to make sure...
What to look for in a business partner
The first step toward creating a successful business is to choose the right business partner. A wrong choice at this juncture can put the entire enterprise in jeopardy. Starting a business is always difficult, and the survival rate for new businesses is not nearly as...
What types of people launch their own companies?
Deciding to start your own company takes more than an idea or the financial means to make it happen. You also need to have the right personality type.While there are exceptions to this rule, as with most others, people who succeed in business tend to share a lot of...
Starting your own business? Here are 10 helpful tips
For years, you have dreamed of the day when you could start your own business. Now, you think that day is rapidly approaching. You're going to make this happen.While this is exciting, remember that starting a new company is also a massive challenge. You need to be...
Should you hire a lawyer before starting a New York business?
One of the most urgent needs of those starting a new business in New York is reducing initial costs. New business owners need to control costs in order to have the funds they need to operate the company efficiently. The problem is determining where to cut costs...
3 ways to get rid of your business partner
When you and your business partner started the company, you felt like you could work together for decades. You got along, you both worked toward the same goals and you split the responsibilities evenly.Now, however, it is clear to you that your business partner needs...