Congratulations on the construction company and your timing. America appears to be slowly crawling out of the recession and new construction is coming back to life. Many entrepreneurs are... (more)

Regardless of your form of business entity, having business insurance provides another important level of protection. There are various kinds of business insurance that you will want to consider.... (more)

Interesting question, but I would say the first step to launching a business is somewhere between having the initial idea and earning the first actual dollar in your new venture. The official... (more)

It’s the greatest job in the world. In all seriousness, I think great entrepreneurship is one of the best and most creative endeavors one can engage in, because you not only get the full fruits... (more)

First, how many old contacts do you already know that can help you in your venture? It's always easier to go back and rebuild old contacts then it is to build new relationships. However, if you... (more)

Withholding taxes may seem like a nuisance but if you have "employees" then you are responsible by law to withhold several federal, state, social security, medicare and possibly local... (more)

Wow, I certainly can appreciate the want and desire to do something so valuable for your community, and the idea of a non-profit venture. The best way to see the viability of this type of... (more)

I'm glad to hear that you are considering different options to grow your existing business. Obtaining financing can be difficult but it is achievable if you put together the right plan. Below,... (more)

This is definitely a very important question and one that involves a significant amount of research as you want to recognize the full value of your portion of the property. Before reaching a... (more)

You will need to ask your accountant or financial person the best way to organize that, but in terms of marketing, you have two choices: to use it as an "added-value" service to your... (more)

We have all experienced conflicts that ended with disaster. However, conflicts can also end on a truly positive note. In fact, the act of clearing the air can create commitment and trust. Typically... (more)

Depending on the position you held in 2002, the likelihood is that if you had to go to court to litigate the non-compete, it would not be upheld. First, courts are loathe to enforce... (more)

This is a tough dilemma and a great example of why you really need to be very selective when choosing a business partner. First off, make sure that going forward you keep detailed records of... (more)

Every business needs a business plan, but the key to your question is determining what you want to do with it after it is done. If you really want to "shop it around' to investors, you need a... (more)

In my opinion, the one thing that will increase productivity is having each member of your team perceive that they are valued. Feeling valued is the key to employee loyalty. I would avoid anything... (more)

This is a good question since the topic of S corporation compensation can be easily misunderstood. The amount you pay yourself in the form of compensation (i.e. wages) is very important. If you... (more)

In many states, people who want to call themselves a "landscaper," "landscape construction professional," or "landscape architect" or open any kind of landscape... (more)

The specific course of action you should take depends on several factors including but not limited to, the nature of your business (product/services, customer base, business location), the scale of... (more)

A few basics to ensure separation of business and personal credit are: 1. Establishing tax ID for business. 2. Establish separate bank and credit card accounts for the business using its tax... (more)

It depends. What is the relationship of the manager and the employee? Are other people within ear-shot? Does the female worker want another person in the room? It is good policy that if an... (more)