Do you know the difference between a mission statement and a vision statement? The two terms may seem similar, but each plays a different role in shaping a small business and its purpose. The simplest way to differentiate a mission statement and vision statement is to view it using timelines and purposes being served […]
Author: Deborah Sweeney
Why Should Entrepreneurs Consider Delayed Incorporation Filings?
Should you incorporate your small business now or opt for a delayed incorporation filing? Generally, I tend to advise small business owners to incorporate as soon as possible. This ensures startups receive limited liability protection and may begin establishing credibility from day one of being in business. However, I will edit this advice a […]
What’s an Annual Report?
Post may contain affiliate links and/or editorial content. The materials provided on this website are for general informational purposes only. These materials do not, and are not intended to, constitute legal advice. Please consult a licensed professional for legal advice. What happens next after an entrepreneur incorporates or forms an LLC for their […]
How an EIN Benefits Businesses Beyond Hiring Employees
Many entrepreneurs often associate the need to obtain an employer identification number (EIN) with hiring employees. This is correct. It is a requirement to obtain an EIN if a business plans to hire, and pay, employees. An EIN is a nine-digit number issued by the IRS when you incorporate or form an LLC for […]
Which Entity Formation Should My Business Incorporate As?
Post may contain affiliate links and/or editorial content. The materials provided on this website are for general informational purposes only. These materials do not, and are not intended to, constitute legal advice. Please consult a licensed professional for legal advice. As you prepare to launch a small business, it’s important to consider incorporating […]
Leadership in the New Normal: 4 Key Elements for Success
The COVID-19 pandemic has given leaders around the world a once in a lifetime opportunity to elevate their leadership style. In response to this unprecedented crisis, an elevated leadership style means finding new ways to support teams, regardless of where they may be physically working, and to encourage engagement and connection. As vaccinations continue […]
5 Mistakes to Avoid Making When Starting a Business
Post may contain affiliate links and/or editorial content. The materials provided on this website are for general informational purposes only. These materials do not, and are not intended to, constitute legal advice. Please consult a licensed professional for legal advice. It’s an exciting moment when entrepreneurs decide to take the leap forward and […]
3 Predictions For the 2021 Workplace
by Deborah Sweeney Nobody could have predicted at the start of 2020 that a “working-from-home economy” would be become part of the next normal by the end of the year. Employees able to work from home during the coronavirus pandemic did so as states announced stay at home and safety in place orders. The transition to […]
Checkmate: 4 Lessons Entrepreneurs Can Learn Watching The Queen’s Gambit
by Deborah Sweeney What can you learn from watching, and playing, a game of chess? The Netflix original miniseries The Queen’s Gambit revolves around the game of chess. Set in the 1950s, the miniseries tells the story of a young girl named Beth Harmon. Beth, an orphan after a tragic car accident, discovers she has […]
How Can Entrepreneurs Benefit from Post-Traumatic Growth?
by Deborah Sweeney Are you familiar with the acronym PTG? This stands for post-traumatic growth, a concept in which individuals may experience positive growth after struggling with a major traumatic crisis or event. At the present moment, we — human beings, collectively — are all struggling with the impacts of the COVID-19 pandemic. Each person’s circumstance […]
