Did you know that one of the easiest paths to financial freedom is learning how to start a business? In fact, self-employed families have nearly four times the net worth of those who work for someone else. That’s why we look for ways to make it easier for you to become a small business owner. We talked to two of the most successful small business owners we could find, Mike Andes and Paul Akers, to...
Have you ever found it difficult to get other people to agree to your entrepreneurial ideas? If so, consider writing a business plan. We’ve created a business plan template to help you meet your business goals, but it makes sense to give some background information. I (Brandon Boushy) grew up in a unique family. I was the oldest of six kids and my parents are highly successful. One of the things I had...
One of the most crucial steps of starting a business is the process of getting a business license. You'll need to know how to get a business license so that you can run your business legally. Don't worry. We're going to explain the process. We'll cover some of the most pressing questions about business licenses including: What is a business license? How to apply for a business license How...
Did you know it can cost over $100,000 to develop a new product and up to $1.5 million over the next five years to bring a successful new product to market? That's a lot of money to spend on an unproven idea. That’s why it's important to conduct market validation before investing that kind of money. Paul Akers has launched hundreds of new products with FastCap and he shared his wisdom with us. He...
Want to know how to earn up to 14% on your holdings with business banking? We’re going to show you how, plus all the other considerations you’ll have when you open a business bank account. We'll help you understand why you should open a business bank account, what you need to open a business checking account for each type of business structure, how to choose the right bank account for your...
One of the most challenging aspects of starting a business is the step or small business registration. It involves multiple local, state, and federal organizations to register a company, but UpFlip is here to make it easy to understand how to register as a small business. We walk you through the steps to verify a business name, choose a business structure, how to register a small business as a limited...
Most people's first exposure to a business is typically the business name and logo. A brand name is a basis around which brand identity is built, but far too often people take cop-outs and choose names like Brandon's Blogs. We're going to show you a better approach for how to come up with a business name. Mike Andes, founder of Augusta Lawn Care, and Lee Smith, owner of Urbanity, gave us some tips on...
Are you starting a new business and wondering what type of business structure to create? We'll cover 11 types of businesses that you can form based on your business need.. When starting a business, there are so many types of businesses to consider that it can be difficult to choose the right structure for you. There are at least 11 different business structures available today and we expect the...
Choosing a business location is complex. We've put together a list of 9 considerations to help you choose the best place for your business. Every city I have ever been in has had a shopping center that seemed like it was cursed. No matter what types of businesses opened in the location, they could never maintain a full shopping center. Do you have a location like that where you live? If so, you know...
Are you considering starting a business and wondering whether you need business insurance? Maybe you've already started it and are not sure how to get insurance for your business. Maybe something occurred that led you to wonder if there is a way to protect against an event in the future. All of these are reasons you might research how to get business insurance. Business insurance is focused on...
by Brandon Boushy