Your love of animals might be what led you to study veterinary medicine and become a licensed veterinarian. But once it comes time to open your veterinary practice, you may realize you need some business advice and tips. Veterinary practices are on the rise. The...
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Business Law
The entertainment industry: Alaska’s untapped resource?
Alaska, famous for its stunning landscapes and natural beauty, is an emerging hub for the entertainment industry. With modern content distribution channels, the state’s entertainment sector presents a largely untapped resource filled with potential opportunities....
How can you avoid a partnership dispute?
A partnership can be a great business structure to utilize if you want to retain control over your company and decrease taxation. It can also be a good way to raise capital and bring unique experience into your business. Yet, many of these businesses end up facing...
Choosing a business structure for your business
Choosing a type of structure for your business is one of the most important decisions you will ever make as a business owner. There are several business structures that people consider when starting a business, including sole proprietorships, partnerships, limited...
What red flags should I look out for when buying a business?
Starting a business from the ground up can be difficult, so some people may be more interested in buying one. It could seem more manageable, but it can also be more complex considering the legalities needed to finalize the purchase. It can include various stages of...
Essentials to negotiating vendor contracts effectively
Businesses have no control over market prices in a perfectly competitive market. If they do not adjust their product prices accordingly, they can face massive profit losses. Nonetheless, as a business owner, you still have control over reducing costs while keeping up...
How can I secure funding for my business as a sole proprietor?
Starting a business is exciting, but it can be challenging without the proper funding. Luckily, there are several ways to get the money you need to turn your idea into a successful business. Through bootstrapping Bootstrapping is the most common and accessible way to...
Should I start a new business or purchase an existing one?
Embarking on the entrepreneurial path is a thrilling prospect. However, every decision you make will require careful consideration. Right from the beginning, you need to be clear about the path you should take. Should you start a new business or acquire an existing...
What must social media influencers do when endorsing a product?
One benefit of being a social media influencer is simply getting a message out to the public. But being a social media influencer can be financially lucrative when the influencer’s page or uploads have many viewers and likes. Social media influencers can also make...
How do the IRS and Alaska tax an LLC
Entrepreneurs who seek to create a limited liability company (LLC) must consider six topics before they start: incorporation, structure, operations, prospects for expansion, taxation, and dissolution. Operating agreements usually address most of these issues....