Moneymagpie Team twenty third Nov 2023 Reading Time: 4 minutes Starting a business involves making key decisions, including selecting the precise business structure. Small business owners often weigh the choices between a limited liability company (LLC) and a sole proprietorship. Each structure has its financial pros and cons, and the choice can significantly impact the […]
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I spent 17 years in the company world working directly with small businesses and 10 years as a small business owner myself. During that point, I saw many mistakes people made, but some were more common than others. These are probably the most common mistakes small business owners make. 1. Revenue ≠ Profit Revenue is […]