Worker co-ops come with various advantages for members…but you might also encounter some disadvantages. Learn what it takes to form a cooperative, and find out if it’s the right type of structure for your business.

House flipping might not be as easy as it looks on TV, but it can be a satisfying and lucrative business opportunity. Find out what steps you have to take to start your own house flipping business in this guide.

Working in the tight quarters of a food truck means optimizing every bit of space for efficiency. But have you taken the same approach to your POS system? See why these point of sale apps are the best options on the market for food trucks.

For small businesses searching for funding, the debt service coverage ratio plays a huge factor in lending decisions. Lenders use your DSCR to determine whether you can afford to make regular loan payments and how much you can borrow.

What’s a point of sale system? And do you need one? Check out our guide to types of POS software, the most common features, and how to choose a POS system that gives your small business the tools it needs to succeed.

There are five main types of franchising relationships, each of which represents a different segment of a franchised company’s supply chain. Depending on factors such as the level of control you want over your business, your business experience/skill-set, and the amount of capital you can access, you might decide to open a business format franchise, product franchise, or a manufacturing franchise.

When you are looking for your very own side hustle, there are a couple of things you want to consider. Can it actually be a side hustle or is it enough work to be considered a full-time position? Do you have the time and energy to add it to your already busy schedule? Is it something you are passionate enough about (or that makes enough money) that you won’t get burnt out too quickly?

Personal guarantees are often required for loans, credit cards, and other types of business financing. Learn about the different types of personal guarantees you might come across, and how to avoid the bad ones, when you’re looking for business funding.

You will need anywhere from $1,000 – $100,000 before you start your business, depending on your industry, location, and business plan.

Human resources and discrimination-related lawsuits often settle for large amounts of money. If you have employees, an EPLI insurance policy should be a must for your risk management plan. Without it, you will have to pay to settle these lawsuits out of pocket which could close your small business’s doors forever.