My business is almost a year old now and doing well, although it's still not turning a profit. How much should I pay myself, especially when the business is still running on money from investors and loans?
My parents purchased the building in which they run a restaurant, but they haven’t incorporated. They need to invest in a better sprinkler system that's going to cost them thousands of dollars. Will incorporating help them absorb the cost of this investment?
I have a talented and hard-working employee, but she acts like a princess and rubs everyone around her the wrong way. Got any advice about how to turn her around? I value her work but she’s eroding morale.
Should I invest my personal savings in a startup before I approach investors? I’ve heard investors require founders to have cash investments in their companies. But if I can’t raise extra funds from investors, I’ll lose all my savings. What’s your advice?
I have a personal website and blog about one of my passions — cooking. But I’m launching a retail business that has nothing to do with food. Should I acknowledge my personal blog on my business site, or just ignore it?
I recently learned about the Federal Trade Commission’s Red Flags Rule, requiring businesses to plan a response to identity theft and fraud. My business has an online store, so does this apply to me? What steps do I need to take to become compliant?