Small businesses, different from startups, look for a profitable business model from day one. Whether online or physical, small businesses bring in a relatively small amount of sales, enter a local or regional market, and have a small number of employees or contractors. Yet, small businesses have a huge role in furthering economic development.
I strongly believe small local businesses are a key element for integral economic development. That is precisely why I will do everything in my power to help you in establishing a strong business by lowering any legal risk standing in your way.
How I Help Small Businesses
Most frequent questions and answers
According to Jared Hecht from Forbes, small businesses are self-sustaining organizations that generate revenue from day one. Small businesses don’t require major investments and time to formulate a company that works.
Jared Hecht explains that small businesses and startups are different in three key aspects: (1) growth intent; (2) funding methods use; and (3) end vision. While startups are high risk high gain ventures, small businesses involve less risk and are more profitable from day one.
Of course! The magazine Entrepreneur defines e-Commerce as the selling of products or services online. It can be via your own website or through an online marketplace like eBay.
According to the Small Business Administration, the majority of non-employer establishments are sole proprietorships (86.4%), while only 14.1% of establishments at small employer firms are sole proprietorships. Thus, if you are going to employee people, you should select a business entity.