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We tend to associate policies and procedures with large corporations. However, no matter how big or small, every company should have some. Why do small companies need policies and procedures, and what ones should they have? The importance of structure For...
People who are starting a business have to determine what business structure they’re going to use. One possibility is a limited liability company (LLC), which offers specific benefits, but those come with considerations that must also be thought about. In this type of...
Even if you have an excellent business idea, funding may be a problem. It takes money to launch the company. You know that you’re going to be successful and generate sales once the business has been established, but how do you fund it to get it off the ground? Many...
A business partnership agreement is an important legal document that new business partners can use to outline the terms of the partnership, the responsibilities each person will have and their shared goals for the future. It can help to prevent misunderstandings and...