Startup Archives - Patriot Software Mon, 28 Oct 2024 13:18:08 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Startup Archives - Patriot Software 32 32 S Corp vs. LLC: Which Is Better for Your Business? https://www.patriotsoftware.com/blog/accounting/scorp-vs-llc/ Thu, 03 Oct 2024 14:03:00 +0000 https://www.patriotsoftware.com/?p=51679 Man in a blue suit using a tablet.When you start a company, there are several business structures. Two popular types of business structures are an S corporation and LLC. Are you choosing between these structures? Find out the key differences between S Corp vs. LLC and learn which is best for you. S Corp vs. LLC Many business owners decide between starting […]]]> How Much Do Small Business Owners Make? The Answer May Surprise You https://www.patriotsoftware.com/blog/accounting/how-much-do-small-business-owners-make-average-income/ Tue, 13 Aug 2024 15:18:00 +0000 https://pslohio.wpengine.com/uncategorized/how-much-do-small-business-owners-make-average-income/ Business owner holding a package and checking her laptop.Running a small business takes passion, gumption, and determination. But, becoming a small business owner isn’t a fast track to getting rich. So, how much do small business owners make? How much does a small business owner make a year? Incomes vary because of factors like industry, geographic location, and experience. Being a small business […]]]> How to Complete a Market Analysis the Right Way https://www.patriotsoftware.com/blog/accounting/how-to-conduct-a-market-analysis/ Fri, 05 Jul 2024 19:48:00 +0000 https://pslohio.wpengine.com/uncategorized/how-to-conduct-a-market-analysis/ 3D pastel cones in front of a pink background.When you start a business, do you just wing it? Or, do you take time to plan and research your strategies before you jump into the market? If you’re like most entrepreneurs, you probably prepare your business before taking the plunge. Before diving into a market or switching up a strategy, you need to do […]]]> Trade Name vs. Business Name: Do You Know the Difference? https://www.patriotsoftware.com/blog/accounting/business-name-or-trade-name-difference/ Wed, 05 Jun 2024 21:13:00 +0000 https://pslohio.wpengine.com/uncategorized/business-name-or-trade-name-difference/ hand holding colorful business card outOne of the first things you do as a business owner is choose a business name. Your business can operate under your legal business name. Or, you can operate your company under a trade name. So, what’s the difference? Read on to learn more about business names vs. trade names and how they contrast. Just […]]]> Partnership Advantages and Disadvantages https://www.patriotsoftware.com/blog/accounting/pros-cons-business-partnership-advantages-disadvantages-questions/ Mon, 06 May 2024 15:09:00 +0000 https://pslohio.wpengine.com/uncategorized/pros-cons-business-partnership-advantages-disadvantages-questions/ Man in the background talking with someone using their hands.If you’re starting a business and have one or more partners, it might seem obvious to form a business partnership. This is a business structure that allows you and at least one other person to both have ownership of the business. Even though forming a business partnership might make sense, it’s not your only option. […]]]> Starting a Business With Poor Credit History https://www.patriotsoftware.com/blog/accounting/starting-a-business-with-poor-credit/ Wed, 27 Mar 2024 18:40:49 +0000 https://www.patriotsoftware.com/?p=67642 woman starting a business with poor creditA great idea comes with great responsibility—or money. Any good businessman knows that starting a business requires more than just grit and effort. For a business idea to come to life, significant costs are incurred whether you like it or not. From your administrative operations to production costs, starting a business is like bleeding your […]]]> How to Start an LLC in Florida: Steps, Documents, & Beyond  https://www.patriotsoftware.com/blog/accounting/how-to-start-an-llc-in-florida/ Fri, 22 Mar 2024 20:27:38 +0000 https://www.patriotsoftware.com/?p=67617 buildings and palm trees in FloridaFlorida’s beautiful beaches, booming economy, and status as a tax-friendly state make it an attractive spot for entrepreneurs. The Sunshine State even claimed the title of the third-best state to start a business in 2024. Of the 3.5 million business entities in Florida, almost 2.5 million are limited liability companies (LLCs). LLCs offer benefits like […]]]> How to Start an LLC in Texas: Getting Your Limited Liability Company Up and Running https://www.patriotsoftware.com/blog/accounting/how-to-start-an-llc-in-texas/ Mon, 04 Mar 2024 16:33:07 +0000 https://www.patriotsoftware.com/?p=67218 skyline of buildings in TexasAre you thinking of starting a business in The Lone Star State? One of the first steps you have to take is choosing your business structure. You might structure your business as a limited liability company (LLC) for liability protection and pass-through taxation. But getting your LLC up and running takes time, effort, and a […]]]> How to Start a Small Business: The Only Guide You Need [+ Checklist] https://www.patriotsoftware.com/blog/accounting/how-to-start-your-small-business-checklist/ Thu, 25 Jan 2024 20:15:00 +0000 https://pslohio.wpengine.com/uncategorized/how-to-start-your-small-business-checklist/ Man learning how to start a small business creates his business plan.You have a million-dollar business idea. And after weeks, months, or even years of thinking about it, you decide to make your idea a reality. Do you know how to start a small business? For 15% of business owners, getting started is the hardest part of being a business owner. After all, there are a […]]]> The Best State to Start a Business [According to Research]  https://www.patriotsoftware.com/blog/accounting/best-states-to-start-business/ Fri, 31 Mar 2023 14:55:00 +0000 https://pslohio.wpengine.com/uncategorized/best-states-to-start-business/ Business owner hanging an "Open" sign on business door.Ah, location, location, location. Choosing where to open up shop is one of the first and most important decisions you’ll make when starting a business. But, location isn’t just about picking a building on a popular street corner. It’s also about selecting a state to do business in—the best state to start a business. So, […]]]>