The Difference Between An LLC And A Corporation

When it comes to forming your new enterprise, there are a lot of different documents that you have to fill out before you can become legal in the eyes of the IRS. The first and most important thing you have to do is determine the kind of entity you want your business to be.

LLC vs. Corporation

Usually, small business owners will compare LLC vs. Corporation, but how do they stack up against each other? Let’s go over some important metrics to find out.

Liability

One of the benefits of starting an LLC or corporation is that the company is separated from your personal assets, including things like debt.…

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10 Steps to Starting a Business in Boston

Boston is popular for its elaborate education system. It is home to more than 30 colleges and universities.

Boston is the largest and among the oldest cities in Massachusetts. The city has maintained its identity over the years while at the same time keeping up with current trends.

Female entrepreneur in Boston, MA

The large number of graduates attracts entrepreneurs to the city because they are assured of a qualified workforce. The resources and local support from other investors make Boston one the best places to do business.

If you want to establish a profitable business in the City, here are the steps to follow.

1.

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How to Best Prepare Your Business for a Natural Disaster: 6 Crucial Tips

The recent storms to hit the United States have been all over the media the last few weeks. Hurricane Harvey dumped enough water on southern Texas in a week to supply New York City with drinking water for sixty-nine years. That is a massive amount of water to fall in less than a week. And then there’s Hurricane Irma:

If you are like many small business owners, you are more than likely wondering how to best prepare your business for a natural disaster like Hurricane Harvey or Irma. Now is a great time to review the plans your business has in place for when a natural disaster occurs in your area.…

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5 Silliest of the Silliest PPC Marketing Mistakes that YOU Could Be Making

Pay-per-click marketing is THE norm for online marketing now. While inbound marketing envelopes all the techniques for online marketing, it is PPC that does the magic for business that need to make sales and increase their revenues in a short span of time. Talking of that, even e-commerce entities have relied on the marketing of this kind. So, it only makes sense to invest in the service of a Pay per click marketing firm.

Huge mistake cat meme

But hey! Not everyone is making magic; not everyone is closing millions of deals everyday; not everyone is on the top. Clearly, not everyone can be a pro.…

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Boost Your Laundry Business With These 4 Smart Tips

The main reason why so many people invest in running a laundry business is because it’s a relatively safe and lucrative venture. However, its appeal is also one of the reasons why so few laundry businesses make it big –the safe and simple route can only take you so far.

Laundromat

Successful entrepreneurs know that a business hinges on its owner’s ability to make calculated decisions and accept risks for the sake of higher returns. The next time you find yourself looking at a stagnant rate of profit, consider these four examples of how you could take your business to the next level:

1.

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Why Everyone Needs a Flexible Working Schedule

Being shackled to a dead-end nine-to-five job isn’t exactly what every high school or college graduate expects after wrapping up their student life, but such is the grim reality we face, given that most companies still mandate their employees to operate under these circumstances.

Flexible working

There is no room for compromise and definitely no potential for growth if one were to choose this career path, even if one were to decide to jump from one traditional company to another. The glass ceiling will always be there.

Flexible working, more control

But the times are changing, and so, too, are business models, with work-from-home structures and small-to-medium enterprises (SMEs) on the rise.…

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Do You Have Someone Who Manages Your Parts Data? If Not, Here are 4 Reasons Why You Should

As an electrical engineer, your primary goal is transforming clients’ ideas into functioning electronics. However, in designing a BOM for a project, you’ll need to manage your parts to ensure you have every requirement. Most electrical engineers admit that it’s hard to focus on product design while managing BOM parts at the same time.

Parts data management

Poor management of parts leads to lengthy delays in production, unexpected cost increases, and, production of faulty electronics. Hiring a professional who manages your parts data ensures you benefit in the following ways.

1. Keeps an updated list of prices

If your Bill of Materials (BOM) contains hundreds of parts, it will take you a lot of time to cross check the price of each listed part.…

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Using Grounding to Protect your PCB

Safe handling practices of the Printed Circuit Board (PCB) are not as safe as they may seem to be so, it is better to have excellent handling practises. To avoid ingression of moisture and contamination, there is need for proper protection otherwise known as conformal coating. There is need to protect your PCB from other things like fungus, corrosion, dust, salt spray and others that can easily damage it. Besides these, there is also a lot of electrostatic discharge (ESD) during the stages of development.

printed circuit board - PCB

With the advancement of electronic components, ESD becomes more and more of a threat. Constant movement of equipment, carts and people can lead to a major build-up of static.…

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Does Mindfulness Training Have Business Benefits?

Buzzwords come and go in the corporate world. Many are short-lived fads championed and then dropped in a matter of weeks, but occasionally a workplace trend comes along that stands the test of time. Mindfulness is the latest buzzword to infiltrate the corporate world, and this one is here to stay.

Mindfulness

Mindfulness is a type of meditation that focuses attention on breathing as it flows in and out of your body, allowing you to think and feel sensation more clearly. This method of mental training is growing in the West, and is following in yoga’s footsteps to become a billion dollar industry.…

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What Are KPIs, And How Can Consultants Help You Target Them?

Every business has indicators that aid in determining how a company is doing regarding meeting set objectives or measuring employees’ accomplishments after a given period. These “measurables” are achieved using Key Performance Indicators, KPIs.

Measuring KPIs

The use of high-level KPIs, for example, depicts the overall performance of a business while low-level KPIs are focused mainly on sales, marketing or customer care. KPIs generally cover the following areas:

  • Business indexes
  • Finance
  • Return on investments
  • Customer retention and satisfaction
  • Ticket analysis
  • Call times
  • Back order rates

Each KPI is unique to a sector and determining each level goes a long way in understanding how an enterprise is faring.…

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