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Are You Cut Out to be an Entrepreneur?
It's scary and risky but being an entrepreneur is potentially much more rewarding, both personally and financially, than working in a large corporation.
Business Plan Basics
The business plan is an essential element of starting any business. It puts all of your ideas and research into one organized report that explains the nature of your business. No matter how basic and straightforward your idea is, you should always write a business plan.
Choosing the Legal Structure of Your Business
The legal structure of your company - whether it's a sole proprietorship, incorporated, a limited partnership, etc. -- is extremely important, as it affects your taxes, personal liability, and investment capital. Here's a guide to the options for structuring your business.
Compensation Strategies Do's and Don'ts
According to Ernst & Young partners Thomas Shea and Jake Weisholz, there are a few "Do's and Don'ts" for paying employees.
Getting Feedback on Your Business Idea
It is essential to have your business idea evaluated from many different perspectives - others will be able to see different strengths and weaknesses in your proposed business than the ones you saw.
Leading a Company
Leading a company is not easy work. You are responsible for absolutely everything that happens. However, taking on this responsibility and succeeding is one of the most gratifying parts of being an entrepreneur.
The Cost of Setting Up a Business Abroad
So is starting a business abroad less costly than at home? The answer, of course, depends.
The Elements of a Business Plan
What should you include in your business plan? This Vault expert article runs through the basic elements.
The Entrepreneur's Business Plan
Guide on how to write a business plan
The Entrepreneur's Thought Process
Entrepreneurial thinking is about recognizing opportunity and understanding how to capitalize on it. Entrepreneurs learn to see opportunity while others stick with what's out there. Find out more about learning how to think in an entrepreneurial way.
The Entrepreneur's Way of Life
What it takes to be an entrepreneur: good and bad
The Personal Keys to Entrepreneurship
Coming up with the actual business idea is the easy part of starting your own business. The real challenge of entrepreneurship is the process of building your business. What personal traits will be necessary in order for you to succeed?
Your Company's Image
Having the right image will give your company increased value in the eyes of your customers Every experience your customer has with any aspect of your business will affect your image.
