If you have come up with a great business idea and want to put it into action by starting your own company, you should write a business plan. It's important to have a business plan in writing so that you are not struggling to remember ideas when the time comes to find investors or when you are speaking to stakeholders. Today, we will discuss the four reasons why you need a business plan in writing.
If you are in charge of a business, no matter its size, you have a lot of responsibility. You will be questioned by your employees often, especially when it comes to merging with another company. If there is a merger on the horizon, make sure you inform your employees ahead of time, so they have more than enough information about what is happening.
Are you starting a home-based business to bring in a little more income each month to support your family? Is your career moving in a direction where you can work from home at all times? Are you the only employee of your home-based business? If you answered yes to any of these questions, the tips outlined below will help you with getting the business registered in Louisville, Kentucky, so you are not in violation of any laws.
Lawyers can provide help in so many ways when it comes to starting a new business in Louisville, Kentucky. From answering questions about the local laws to helping file the required legal paperwork to representing your interests in court, a business formation attorney can ensure that your business gets off the ground and running so you can have the success you desire.
Are you planning to start a new business in Louisville? If so, there are quite a few hurdles you will need to pass in order to get the business off the ground and running. You cannot simply find a place to operate and open the doors. Today, we will take a look at some of the legal hurdles you might face when trying to open a business in Kentucky, so you can be prepared.
When the person who's the name and face of a Louisville-based company speaks out in ways that many people find offensive, that company can suffer potentially irreversible damage. In recent years, Papa John's has become known more for the words and actions of its chief executive officer and founder John Schnatter than for its pizza.
When a business opportunity is ready to get off the ground, it is important to make sure that it forms properly. Not only does the type of business formation you use affect the way the business runs, different types of businesses have different protections available and tax advantages or disadvantages that come with them. Many business owners choose to form a limited liability corporation, or LLC, because of the tax advantages and protections they offer when properly established.
When entering into a franchise agreement, there are many issues to carefully consider for all parties involved. Whether you are considering franchising out your existing business or weighing the pros and cons of becoming a franchisee yourself, you must always examine the franchise agreement very closely to identify terms that place you at a disadvantage or that may cause complications at a later time.