As you finalize your business’ infrastructure, one of the last steps will be obtaining a patent, or trademark – if relevant to you. These are both broad protections of your company’s IP or intellectual property. In a previous two-part post, I discussed the question, “Should I file a Patent?” The two posts go through the [...]
Having the right setting for your office space can be critical to your success. Having the right amount of room (if you can afford it), thecorrect balance of privacy and togetherness, and the right neighbors can all add to the fun, sanity and success of your business. Home Office There are several ways to go [...]
Keeping your business legal and in compliance can be a difficult but important chore. There are many different kinds of licenses and permits, and they vary depending on the kind of business you run. As a basic rule, every business needs a tax identification number from the federal government as well as the state where [...]
Did you hear the story about the wholesale Bakery that was on the 2nd floor? They didn’t have flood insurance, because they’re on the 2nd floor. Then the company above them had a pipe burst. Water flooded their space. While equipement wasn’t ruined, this violated the health code, and they not only had to sterilize all their equipment but [...]
Quick quiz – would you rather set up your business budget or go to the dentist for a filling without Novocain? If you’re like me, you’ll spend a few minutes in serious debate about this topic. (But you shouldn’t – and besides, you might bite the dentist.) Most entrepreneurs prefer to spend time working in their business than on [...]
Almost all businesses accept debit and credit cards these days – even service businesses and B2B ventures. Having a way to accept a card is critical when you get ready to operationalize and start your business. You’ll need a merchant account – something provided by financial institutions that lets you accept cards for payments. In order [...]