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Small-Business Trends we’ve seen so far in 2013

Small business trends seem to fluctuate as much as the weather but there are also some that continue from year-to-year like franchising. If you are an entrepreneur and you’re looking for information on what trends are going to be strong this year you’re in luck because we’ve put together a blog based on information we’ve already seen in the first four months of 2013. While the information below may not exactly tell you what small business opportunity is best it will serve as a guide to the possibilitiesand the pitfalls. Enjoy

With America’s high unemployment rate expected to continue due to tax issues, mandated government healthcare and the uncertainty of many new regulations, hiring in corporate America is not expected to increase anytime soon.…

5 Myths About Incorporating Your Business

If you own a small business or are in the process of creating a new business, you may have been advised to incorporate.Laws look upon corporations as separate persons or entities from the owners or shareholders, and can therefore provide some protection from seizures, claims, and legal liability.

But there are frequent misconceptions about the protections that an S-corporation can provide for a small business.Deciding on the structure of your business is a momentous decision.Be sure to research your options thoroughly before deciding on a course of action.

What is the difference between an S-Corporation and a Limited Liability Company?

An S-Corporation is the most basic level of business incorporation available.It…

Freelance The Way Forward In IT

If you’ve got an IT job that pays the bills, but it’s totally boring, maybe it’s time to consider going freelance! Just because you’re living comfortably, plodding along in day to day life, that doesn’t mean that you shouldn’t follow your dream job. When it comes to independent working, a common misconception is that all the late nights, stress and basic pay will all disappear as soon as you go freelance, living happily ever-after a while you pick and choose your working hours.

In reality however, most freelancers have to intern, moonlight and work crazy hours to even break even. As a freelancer, you can forget about 9-5, because you should be working whenever you’ve got a free minute.…

When Cutting Expenses Isn’t Enough

Sometimes making ends meet is difficult, in fact that might even be why you are reading this article right now.  Most personal finance blogs will tell you how to cut out those daily expenses that eat up your disposable income, or how to budget better, but often times those solutions are only temporary fixes to a long term problem.  I used to be that guy in debt, and it’s not like I didn’t make good money either.  I actually was a six figure wage earner that was piling up the credit card with no end in sight.  I remember reading the advice of those blogs and cutting down on my nights out, sticking to a strict budget, and yet I was only on track to be out of debt by the time I was ready to retire. …

Find Your Side Hustle

We personal finance bloggers like to talk about side hustles pretty often since many of us make money blogging at least part time.  I’ve been blogging for a couple years now, and what started as a simple hobby has turned into a side business for me.  I will always keep my day job since I enjoy it and it will inevitably bring in more money than blogging, but that doesn’t mean I can’t pad my saving account with a side gig in the meantime.  There are really two important aspects to finding the side hustle that works best for you; Make sure it is something you enjoy, and make sure it is something you are knowledgable in. …