Putting together your own business is more than just a job. It represents more than a place to go to work, more than a career — it is a way of life. As such, planning for retirement or transitioning into another professional opportunity can be particularly difficult.
Prior to crowd-funding, budding inventors and entrepreneurs had to seek out people with enough largesse to provide necessary financing to make their ideas come to life. The advent of GoFundMe and other websites helped alleviate much of the heavy lifting.
The commercials for Uber implore people to get their “side hustle on” as if it is a new idea, but people have been working side jobs for decades. But more people today aspire to turn their side hustles into startup companies. Even more common, these startups are created while an entrepreneur is working full-time.
After Steve Jobs was forced out of the company he founded in 1985, he left Apple to form NeXT. He also spent time funding the spinout that would become Pixar, not to mention a movie called Toy Story.
According to the big picture of a yearly study, business is good in Maryland. However, some of the specific details reveal a mixed bag of progress and certain levels of concern two years into the administration of Gov. Larry Hogan.
The failure of the American Healthcare Act has placed a bright spotlight on the Trump administration’s next legislative initiative.
A new industry is months away from its introduction in Maryland. While state residents wait for its introduction, logistical and legal issues involved in selling products are being sorted out.
Businesses in Maryland and throughout the country have a new champion. And she does not need an ornate title belt to prove it.
With the dawning of a new year, Maryland businesses face the prospect of a “common sense” measure that could become law. In December, Governor Larry Hogan announced a proposal to require paid sick leave, a bill that failed to pass the legislature in the past.
Starting a business requires a plethora of decisions to be made. Many Maryland business owners would say that entity formation is one of the most crucial aspects of the process. The type of entity under which the company is formed could have a significant impact on its future.