Which Business Structure is Right for You?

Corporation (C Corporation) A Corporation is a legal entity composed of one or more shareholders and have a board of directors who help manage the company. Corporations can issue stocks or bonds which helps to generate capital and investment opportunities. In this structure, the business is held responsible for the actions and debts it incurs instead of the individuals who own or work for the company. Advantages: • Limited liability • Ability to generate capital through stocks • Corporate tax advantage • Attracts employees due to company benefits. Disadvantages: • Costly administrative fees • Complicated tax and legal requirements • Double taxation • More paperwork Li

How to Make 2018 Your Best Year Yet

Averri enjoying her vacation in the Dominican Republic. Hola! I recently returned from spending a week in the beautiful Dominican Republic, my last international trip before the year ends. I was so excited to celebrate my accomplishments of 2017 by embarking on a week-long adventure full of fun and relaxation. Some of my best moments were spent reflecting on the balcony of my condo that overlooked the beach (as pictured above). Around this time last year, I created a vision board and visualized how I wanted my year to go. Many of the things that I wanted to accomplish this year happened! And, traveling abroad was definitely on the top of my list. Country 16! I find it so ironic how many have

5 Basic Tips To Start Your Business

You’ve gone back and forth in your mind, and you have finally decided, now is the time to start my business. However, there is one small problem. You do not know what steps to take or where to even begin. Well, you have come to the right place! Let’s get you started with these 5 Basics Tips to Start Your Business. 1. Develop Your Business Idea Cultivating your hobby or passion gives you a good foundation to start your great business idea. Making a list of your hobbies and interests can help you visualize how to monetize something you are already familiar with doing. One of my many hobbies as a little girl was creating bath salts. So I decided to turn this into one of my first entrepreneur

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