Remove Hiring Remove Operations Remove Small Business Administration
article thumbnail

Guide: How To Become A Freelance Lawyer

YoungUpstarts

Are you going to operate solo? The Small Business Administration has a handy guide to the various options available. Once you have registered your business, you need to set up a separate bank account for your business and register with the IRS. Or are you going into partnership with other freelancers?

article thumbnail

What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

The odds were always difficult for small businesses even before the pandemic. According to the numbers published by the Small Business Administration in 2018, 20% of these enterprises fail in their first year. Scan through them and see which assistance your business may be eligible for. A Change in Attitude.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Starting a business involves brainstorming, planning, and ensuring that you comply with all necessary legal obligations. Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . What legally defines a small business?

article thumbnail

6 Reasons Your Small Business Will Fail (And How to Avoid Them)

Up and Running

According to Small Business Administration research , only half of new businesses survive for the first five years and only one-third of new businesses are able to survive for 10 years. We can also conclude that about 65% of new businesses don’t make it to the ten-year mark. Rapid Growth and Over-expansion.

article thumbnail

How To Start Your Own Craft Beer Business

YoungUpstarts

Contract Brewing Company – In this business model, one business hires another brewery to manufacture their beer. The contract company would handle the other business aspects such as distribution, marketing, and sales. But, new technology in materials and labeling mean you can make smarter choices for your business.

article thumbnail

Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

Spending time building the foundation of the business allows for validation and a chance to identify the strengths, weakness, opportunities and threats of the proposed concept. Once the business has reached a certain consistent income you can decide whether to leap into the business full-time or hire others to manage the business.

SBA 140
article thumbnail

How To Start A New Business

YoungUpstarts

Write a business plan. A business plan can help you to crystallize your ideas. It outlines the financial and operational goals of your business. Your business plan doesn’t need to be 100 pages long. For more information about how to create a business plan, the Small Business Administration has you covered.