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Category Archives: Business Start Ups

BusStartUp

COVID Brought New Businesses, Challenges to Florida

By Godfrey Legal |

The COVID pandemic caused a lot of damage to the economy in the United States, but that didn’t dampen the spirits of entrepreneurs in Florida. Between January 2021 and January 2022, Florida led the country in new businesses, accounting for nearly 12% of them. More than two years later, not many of them are… Read More »

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BusStartup2

Getting a Loan for Your Startup

By Godfrey Legal |

Want to own your own business? Many people do, but a large majority of businesses don’t survive past the first year. The reason for this is one word: money. Businesses are not cheap to run. You have operating expenses and overhead to consider, such as payroll, taxes, insurance, and more. Your business could easily… Read More »

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BusinessStartUp

Business Startups Flourishing Post-Pandemic

By Godfrey Legal |

It seems as though everybody wants to start their own business and work for themselves, but studies show that this mindset has become even more common nowadays. Since 2020, there has been a surge in Americans starting businesses, ranging from restaurants to dry cleaners to tech start-ups. Could it be because of the COVID-19… Read More »

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BusPlan2

How Startups Can Reinvent the Office

By Godfrey Legal |

Many companies are ending the era of work from home, which began in the days of COVID. Now, many businesses are mandating return to office (RTO), either full-time or as a hybrid employee. The good news is that as an entrepreneur, you can determine how you want your employees to work. What type of… Read More »

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ProsCons

Pros And Cons Of Using Loans For Business Startups

By Godfrey Legal |

For many people, owning a business is an alluring proposition. You get to be your own boss and work the hours that you want. Still, owning a business is not for the faint of heart. To be successful, it requires a lot of time, effort, and money. Money is especially important. Businesses often fail… Read More »

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BusinessProfitLoss

Why Profitability Is More Important Than Business Growth

By Godfrey Legal |

In the past, the goal of business startups was to grow rapidly and scale. How fast you could grow was the biggest measure of success, as this meant that you could grow your customer base quickly. While having a lot of customers is great, nothing can beat profitability. Profitability has been around forever, so… Read More »

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BusinessIpad

Focusing On Company Culture For Startup Success

By Godfrey Legal |

In a business startup, there’s a lot going on. Your focus is likely on promoting your product or service and making money. While these are good goals to have, sometimes something more important gets overlooked: company culture. Many companies tend to think that company culture is all about free massages, bringing your dogs to… Read More »

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BusinessLoan

Why Startups Should Consider Old-Fashioned Loans

By Godfrey Legal |

Back in the day, business owners relied on loans. You know, those large amounts of money you got from the bank. But in the past decade, venture capital has been the big thing. A venture capitalist is a private investor who provides capital to companies with high growth potential. In exchange, they get an… Read More »

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Legal22

Differences Between Startups And Small Businesses

By Godfrey Legal |

When starting a business, it’s important to use the right terminology. Is your business a startup or a small business? Aren’t they the same thing? They may sound similar, but they have some differences. While both are new companies, each has different goals. Here’s a closer look at both of these terms. Startups A… Read More »

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BusPlan

Dealing With Business Expenses As A Startup

By Godfrey Legal |

You may think you want to own a business, but do you really? It’s not an easy task. Businesses are a never-ending money pit and with the inflation we’ve been experiencing so far in 2022, saving money is more important than ever. But how do you keep your expenses under control in this economy?… Read More »

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