About Nellie Akalp
Authored 7 articles.
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How to Turn Your Hobby Into a Business
Features, November 07, 2014
Imagine if you could turn your favorite leisure activity into a successful business venture. Many Americans are now turning to what they love to earn income, whether it’s enough to quit their day job or just a fun way to cover the costs. If you are passionate about a craft or other activity, your money-making opportunities are virtually endless these days. Here are some things to consider as you turn your hobby into cash.
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Lessons Learned From Your 2013 Tax Return
Features, April 28, 2014
With another tax filing deadline in the rearview mirror, most people don’t think about taxes until the next year. However, take a few moments to review your return before you stock it away. This year’s return can provide valuable information on the financial health of your business, as well as show you ways to improve your tax situation in time for next year’s filing.
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Starting a Business in 2014? Here Is Your Startup Checklist
Features, January 07, 2014
Each year, the number of new businesses spikes in January as the start of a new year seems like the most natural time to begin a new venture. Whether you’re just starting out or are a seasoned entrepreneur, run through this startup checklist to better understand the steps needed to make your business legit.
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What You Need to Know About Business Licenses and Permits
Features, August 20, 2013
If you’re launching a business, you’ve probably already looked into the option of incorporating or forming an LLC for your new company. This act registers your business with the state, and you should be all set to legally operate your business, right? Not so fast. Incorporating or forming an LLC creates a legal entity for your business, but there are most likely other permits and licenses that you’ll need to obtain.
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How To Set Up and Structure Multiple Businesses
Features, May 03, 2013
Today’s small business owners often earn income through a variety of ventures. For example, a restaurateur may open a wine shop or a caterer may also double as a part-time copy editor. If you’re running multiple business projects, you’ve probably wondered what’s the best way to structure all these ventures. Should you form one corporation to cover them all? Should you form an LLC for each one?
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5 Tips for Buying a Franchise
Features, March 27, 2013
For those entrepreneurs itching to start their own business, purchasing a franchise can be a good alternative. Franchising can be less risky than starting a business from scratch. The franchisor has done a lot of the work for you. The business plan is ready made; there’s already strong brand name recognition, and the franchisor is often responsible for the marketing and advertising. However, any new business is risky, even a franchise. You may get an established name and business plan, but your success is ultimately up to you.
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What Type of Financing Is Right For Your Business?
Features, April 29, 2012
When it comes to securing money to start, expand, or just continue your business, you’ll need to choose wisely. Some options will be too complex, others too risky. Some will provide too much, and others not enough. We give a snapshot of the various financing options that might fit your needs.