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business formation & planning Archives

The 5 components of a business plan

Starting a business is a goal many people in Cumming have. Business owners should create a business plan that can serve as a foundation to guide and help them achieve the funding, support, and growth they desire. Knowing the five components of a good business plan can also help many business owners to avoid compliance issues.

Important things to consider during business formation

Starting a new business can be both exciting and nerve wracking. There are many decisions to make and issues to consider during the process of business formation. Readers in Georgia may be interested in an article that addresses three particular topics that can be important in establishing a strong foundation in a successful new enterprise.

The different types of business formation

One of the most important decisions business owners will ever make is choosing the right type of formation. This choice ultimately determines your tax situation and the type of regulations you will need to follow in accordance with local, state and federal law. Since there are several different types of business formations for you to consider, it helps to know what they are.

Essential advice for family-owned business succession

It really is amazing, watching how the business industry has shifted and changed over the years. We once saw the big box retailers trampling smaller businesses (family-owned or otherwise), and yet now we are seeing the smaller businesses begin to rise up yet again.

Succession advice for business planning

When starting a business, much planning is undertaken to set it up for success. However, it is not often that initial business planning encompasses what will happen when a business ends or changes hands. Those in Georgia who start a small business may want to consider making plans in the event of the retirement or death of an owner.

Understanding more about business formation: LLCs

Last month, we began discussing how even though budding entrepreneurs eager to make a mark in the business world are consumed by things like product development, sales projections and market share, it's important not to put the cart before the horse.

Businesses rejoice as Governor Deal vetoes controversial bill

Over the last few months, our blog has been closely following the progress of House Bill 757, the contentious legislation designed to grant Georgia business owners the right to refuse to hire or terminate those employees who hold contrary values, and refuse services to those whose lifestyle is not in accord with their sincerely held religious beliefs.

Outcry over Georgia's controversial business bill grows louder

Last month, our blog spent some time discussing how Georgia was making headlines across the nation over a controversial piece of legislation -- House Bill 757 -- that its sponsors claim is designed to provide "religious freedom" to business owners in the state.

Understanding more about business formation: Corporations

Much of the discussion surrounding the launch of a new business understandably centers on the long-term viability of the product or services that are going to be offered, the sales projections and how the organization will look to define itself in the marketplace.

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