Is your original business structure no longer a good fit for your company? Change it.
The business structure for your company is one of the most important decisions you’ll ever make. However, you can change the structure at any time.
Most owners review liability protections and tax advantages as part of choosing the right business structure.
Common business structures include corporations, partnerships, sole proprietorships, cooperatives and limited liability companies.
Your business structure is the backbone of your company. It dictates your control, liability, and taxes and sets the pace for your entrepreneurial journey. However, the first structure you choose doesn’t have to be permanent.
On Tuesday, YouTube announced that YouTube TV, one of the most popular options for streaming live TV, would be getting a price hike to $65 a month, up from $50.
The increase was met with angry tweets from customers and led to some questioning why YouTube TV is even necessary considering there are more affordable options, like Sling, FuboTV and Hulu with live options that all come in for less than YouTube TV now does.
I’m planning on sticking with YouTube TV, despite the rate hike, because it’s simply the best live TV streaming service around. Here’s why:
The main reason someone gets into trading is that they want to make money. Nobody likes to lose money in any business they get into. The same thing applies to cryptocurrency trading. Losing money causes frustration. Then you might have to borrow more money, getting yourself into more debt. This causes frustration and you can easily lose your patience, then give up. This means you have failed.
What are the things you must know in order to succeed in trading cryptocurrencies? Below you can take a look at 3 key things you must know to make money trading cryptocurrency.
Two leading UK firms – the insurer Aviva and the Intercontinental Hotels Group (IHG) – have become the latest to “pause” advertising on Facebook.
They join Ford, Adidas, HP, Coca Cola, Unilever and Starbucks, which have all acted in response to how the social network deals with hate speech.
The Stop Hate for Profit campaign claims that Facebook is not doing enough to remove hateful content.
When you get into a car accident, your insurance company will reimburse you for the damages as quickly as possible. But if you didn’t cause the crash, they work with the other driver’s insurance company to recoup the payout. This process is called subrogation, and while drivers don’t usually get involved, it’s helpful to understand the process in case you ever have to sign a waiver of subrogation.
What is subrogation?
Subrogation is a legal process that is used in various types of insurance claims, including auto, home and health insurance. Essentially, it’s the legal right for an insurance company to reimburse a policyholder for a loss and seek repayment from the third party that is responsible for the damages.
The process of subrogation makes it easier for policyholders to get a settlement after a major loss. With subrogation, the insurance company assumes the financial burden of the policyholder and tries to get the payout from the party or company that is at-fault. Subrogation is a common process, although many drivers aren’t aware of it.
Kyleena Falzone’s restaurants in the mountain resort town of Crested Butte, Colorado, the Secret Stash and Bonez, together made nearly $6 million in revenue last year. But when Gunnison County issued an order March 16 for all visitors to leave as soon as possible, what looked like the start of another busy spring season came to an abrupt end. She had to lay off 132 of her 140 employees. But while her restaurants likely would have survived the lockdown in hibernation mode, she says, “I couldn’t just sit around.”
Instead, Falzone spent the next three months feeding thousands of out-of-work locals through 11 weeks of farmers’ markets handouts, 83 nights of free dinner kits, and three weeks of free groceries. Using social media, she crowdfunded most of the $100,000-plus effort from people who own second homes in the town. Here’s how she pulled off the initiative, which even inspired a similar project thousands of miles away.
Apple’s App Store has had a controversial month with developers demanding changes to how apps are monetized, but as Apple detailed the next versions of its operating systems at WWDC, it’s clear they believe third-party apps themselves have room to be fundamentally revamped.
This week at WWDC, Apple debuted App Clips, a snappy new segment of third party experiences that scales down the idea of an app around just a single feature or two. A user can quickly call up an App Clip via a URL, NFC tag or visual code and download when the right context arises. In a lot of ways it’s just another notification type pinned to more limitations for devs, but the thinking behind it follows Apple’s continued interests to shove third-party integrations deeper inside the operating system itself.
As consumers continue to turn their attention to organic, plant-based, and nutritionally dense foods, we’re beginning to see a rise in the growth of some unlikely and (literally) small products – namely, seeds. Products like buckwheat, hemp, flax, and chia were on the margins of the health food market just a few years ago, but the seed market will likely grow quite a bit in the near future.
Buckwheat, for example, is expected to reach a valuation of $1.8 billion globally by 2027, primarily due to increased demand in the food and beverage sector. Chia, once better known as a kitschy houseplant, is still selling fairly modestly ($66.5 million in 2018), but is growing even faster, at a rate of 5.8 percent. Flaxseed is growing even more rapidly, at a projected rate of 12.7 percent. And of course, hemp seeds have enjoyed a boost from the general growth of the cannabis product market and are expected to continue to grow to $480 million by 2024.
Launching a business before you’ve done the legwork to determine your market and identify your challenges is nearly impossible. Similarly, if you’re becoming the head honcho without mastering some important skills first, you may find success harder to come by.
Here are some of the most important skills any entrepreneur should know, and where to learn them. All these courses are on sale for Memorial Day, so make the savvy business decision and take advantage.
A couple of years ago, Harvard University scientists copied the structure of snake skin to create a soft-bodied robot that gripped the ground as it moved. Now, they’ve applied that same thinking to shoe grips that could help keep seniors from falling.
Developed in partnership with MIT, the grips take the form of thin, flexible steel sheets with a snake-scale-like pattern cut into them. As was the case with the soft robot, that pattern – consisting of dozens of interlocked “scales” – is based on a Japanese paper-cutting art known as kirigami.