We've all heard of independent contractors, but do you really understand how they're different from employees at an organization? To start, anyone who is hired on a temporary or project-basis can be an independent contractor.
So, if a... Continue
The average claim for a customer injury or property damage is about $30,000. If a claim leads to a lawsuit, then it can cost upwards of $75,000 to defend and settle. With that information, most small business owners would agree that small... Continue
Every business owner needs to establish a direction for their company. Luckily, you can do just that by creating a business plan. It serves as a roadmap for how to structure, run and grow your operation. It helps... Continue
For businesses built around driving, COVID-19 poses a lot of risks. According to the Centers for Disease Control and Prevention (CDC), the virus spreads between people who are in close contact (within 6 ft) and through respiratory droplets... Continue
Before you start raising capital, you'll need to make a key decision as a business owner. You'll need to figure out which form of business will best serve you and your company. The majority of U.S. businesses—about three-quarters of... Continue
Following several high-profile entrepreneurs' suicides within the last decade, discussing the mental health of business owners has only recently lost its taboo status. In fact, a 2014 Inc. article, “The Psychological Price of... Continue
While life as a small business owner has its perks, it also has its challenges. It can be hectic and even overwhelming, especially in light of the current events. Likely, the massive racial injustices and COVID-19 pandemic are wreaking... Continue