Billy Westbrook began as so many entrepreneurs do: with an idea to improve the world. He dedicated himself to building a business around that idea, and brought the world a clearer view.
The key to determining the value of a sole proprietorship is in the understanding that your valuation of the business is just an estimate because so much of the company’s success rides on the personality and experience of the owner. Learn more here.
The two primary risks that every company has to face on a daily basis are business risk and financial risk, and contrary to common belief, they are not one in the same.
One of the great benefits of starting a business is that it is possible to establish a new and separate credit profile that is distinct from your personal credit profile.