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

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . Let’s take that innovative new business idea and walk through all the requirements you need to consider to successfully start a business that’s legally recognized.

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3 Underrated Ways New REITs Can Properly Manage Their Income-Producing Real Estate

The Startup Magazine

A company that operates or owns income-producing real estate assets is called a REIT (real estate investment trust). Thankfully, an alternative asset management company dedicated to managing your real estate investments and operations can be helpful if you want to grow your portfolio. Be diligent about capital expenditures.

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7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. As the total owner of your own small business, you have maximum control of where and how to spend your time and money.

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Guide: How To Become A Freelance Lawyer

YoungUpstarts

First, you will need to decide on the structure of your business. 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.

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Why Buying A Small Business Now Is A Bad Idea

YoungUpstarts

by Terry Monroe , founder and president of American Business Brokers & Advisors (ABBA) and author of “ Hidden Wealth: The Secret To Getting Top Dollar For Your Business “ Normally, I am a proponent of buying small businesses. The possibility of more business interruption exists.

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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. Poor Financial Management.