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Common Mistakes Made By First Time Entrepreneurs

Making mistakes is a part of life, whether you are a senior employee, new parent, or first time entrepreneur. While failures are really life’s lessons, sometimes, they can be costly and time consuming that we wished someone warned us. We searched the World Wide Web...

Sole Proprietorship vs. One-Person Corporation

So, you decided to start a business on your own and you can’t decide if you should operate as a Sole Proprietorship or a One-Person Corporation (OPC). Both have its advantages and disadvantages. Here is a breakdown on the difference between the two to help you decide...

Starting a Business: To Partner or Not To Partner?

When one starts his or her own business, it’s important to consider if this should be a solo or group venture. There a business entities that can be set up with one or many incorporators so really, it boils down to what the advantages and disadvantages are, and which...

Top 3 reasons on why you should get a business insurance

As a business owner, of course, you’d like to protect your business from any risk. You will be needing business insurance to help you cover the costs that you don’t foresee such as property damages and claims. In this way, you are protecting your company from things...

5 things to consider when naming your business

Your business name plays a big factor in your overall business success. A right name can make a big difference in the long run. Could you imagine Amazon not being Amazon? What if Jeff Bezos named Amazon, online books exchange? If you want to stand out of the...

When is the right time to register your business?

You probably have a business and is thinking of when is the right time to register it. Legally, the business owner must register their business before any business transactions. This is to make the business more legitimate. Additionally, When your business is not...