Business Plans & Startup Assistance Resources

Are you looking to start a successful business? Let us take you through those first critical steps. Get registered today! Read more

Recorded National Webinars for nonprofits selected and reviewed for you by the SCORE Madison Nonprofit Committee. Read more

Helpful business startup resources. Read more

Links to resources and information for nonprofits. Read more

Links for Madison and Dane County business resources. Read more

Links to Small Business Administration (SBA) resources and information. Read more

Links for business start-up resources in the State of Wisconsin. Read more

If the legal protection of the two types of these business entities is almost the same, which is better, corporation or LLC? Most of the time, the simple answer is this – an LLC is better. It’s simpler to form and it allows for the most favorable tax elections.

It takes more than a better mousetrap to be successful in business. The purpose here is to tell you what you need to be successful, in addition to the better mousetrap.

I have had an exciting, intense and wonderful career as a management consultant and have worked with organizations around the world. I have worked with groups trying to chart their future, groups that were stuck trying to get to the future, groups that were locked in conflict, and all kinds of situations in between.

Companies using a calendar year to do their financial statements need to take this time of the year to do budgeting for next year. Budgeting? Why would a company need that? Just do their thing – sell and hope for the best? That’s NOT a good way to run a company. Not good at all. All the big corporations budget everything – sales, expenses by category, cash flow, etc, etc. And, they do it on a quarterly basis. Why? One, they want a target that they believe they need to hit and so they then plan what they must do to hit that target. And, secondly, they use it for accountability – to measure the performance of each subsidiary or department that fed their budgets into the overall budget. Planning and accountability.

If you don’t have customers, you don’t have a business.  First things first, who’s going to buy what you’re selling?  And why buy your product, or service, instead of the competitions?