Small Business

A small business is a privately owned corporation, partnership, or sole proprietor with fewer employees and annual revenue than a corporation or a regular-sized business.

How to Set Up a Retirement Plan for a Small Business

As a small business owner, you want to set up employee benefits that will attract the top talent to join your firm and that will encourage those individuals to continue to work with your firm.  A great employee benefits package may include paid time off and healthcare coverage, and it also will include a retirement plan. …

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Writing a Coffee Shop Proposal Letter [with Sample]

There are several steps an entrepreneur needs to take to realize his or her great business idea. If this idea is a new coffee shop, the entrepreneur may need to get financial support from a bank, lending institution or friends and family.  Before any reputable institution will lend start-up money, it needs to have clear evidence that …

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How to Measure Success in Your Business

While each business may have its unique target audience, niche and goals, all owners strive to achieve success on a daily basis through their hard work and focused efforts. The definition of success generally relates to accomplishing certain goals, but this is a rather vague definition.  You may be wondering exactly how you can measure your company’s …

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