Deciding Between a C Corp and an S Corp

When starting a new business, entrepreneurs often get confused about how they should structure the company. Should it be a C or S corporation? What’s the difference? In our previous post on drafting buy-sell agreements, we mentioned corporate structure was an important decision that could significantly impact your tax burden. Here are the key differences between an S corp […]

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Top 10 Mistakes When Buying a Franchise

Think buying a franchise is going to be the business opportunity of your dreams? Make sure you aren’t making one of these ten mistakes, or you might end up regretting your decision. 1. Wanting to Be Your Own Boss You might think buying a franchise means you’ll gain independence, be your own boss, and control your destiny. […]

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5 Steps to Buying a Business

Thinking about buying a business? Here are five steps to find the right business and close a favorable deal. 1. Consider the Pros and Cons of Buying a Business Pros Less risk. As opposed to starting one, buying a business gives you access to immediate cash flow and profits. You get an established reputation and brand, loyal customer base, […]

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Six Ways to Overcome Imposter Syndrome

Do you ever fear that one day everyone will realize you aren’t as smart, talented or hard working as they once thought? That deep down, you’re a fraud? This common psychological phenomenon in high achieving people is called imposter syndrome. Learn what it is and how to overcome it. What is Imposter Syndrome? Psychologists define imposter […]

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Rebranding Strategy: Kicking off the Process

How to Start Your Rebranding Strategy  Before your business decides to rebrand, you must start the process considering the legal issues involved. If you don’t, your rebranding strategy will be worthless and will put your company’s brand equity in danger. Protect Your Logo, Name and Tagline For the most part, two intellectual property rights — copyrights and trademarks — cover your brand. […]

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