Capitalizing a new business entity is a critical step of the formation process. Failing to take the step can lead to serious legal problems if the entity is ever sued. So, what is capitalization and what steps must be taken? Capitalizing Your Corporation “Capitalization” essentially refers to funding your corporation. In essence, ...

YouÂ’ve come up with the best idea since sliced bread, figured out a business name and formed a corporation. There is, however, one small problem. You need money. Welcome to the world of investing. Business Funds Unless Bill Gates is your friend, money is going to be a problem for every new ...

Very few entrepreneurs want to close their business. Sell, yes. Merge, maybe. Shut it down, I doubt it. The reality is that more than 50% of all new companies opened in the U.S. and Canada close within the first three years. That means you need to know when, in fact, ...

The simple answer to the seemingly complex question of “Who needs a business advisor?” is … everyone responsible for operating a business. That’s right. The Fortune 50 CEO to the one-person show needs an advisor. The CEO of a public company has mentors as well as a board of directors to ...

HereÂ’s an interesting notion: Do you realize that there are mistakes you can make at various stages of your businessÂ’ growth that can be slowly killing it for months or even years if you donÂ’t watch for them? Well, these mistakes do exist and they are not just reserved for ...

As the Vice President of Operations for an online retailer of contact lenses, I am used to the potential problems related to doing business on the World Wide Web. Like any other online retailer, we have a responsibility to our customers to maintain their personal and payment information with the ...

So much has changed in the last several years after 9/11, and yet most businesses are still inadequately prepared for disastrous situations. Not only are they vulnerable from the threat of terrorism, but from security and natural disaster standpoints as well. While a terrorist act poses a substantial threat to ...

There are many types of symbols. Money from investors, banks or financial organisations is one such kind of symbols. A successful Business Plan (=a successful manipulation of symbols) is one which brings in its wake the receipt of credits (money, another kind of symbol). What are the rules of manipulating symbols? ...

Every business should protect proprietary information when dealing with independent contractors, vendors and other businesses. The best way to do this is to use a non-disclosure agreement, often referred to as an “NDA.” What is an NDA? An NDA is an agreement between two parties to protect confidential information disclosed in a ...

Getting a corporation designated as an “S” can be a bit confusing. If you are committed to getting an “S” corporation, here is how you do it. “S” Corporation The “S” in S corporation refers primarily to a tax designation. While electing to be an S corporation does have legal implications, such ...