Founding a business is a monumental undertaking — a crucial life decision that may not always be made rationally or with cemented fundamental business practices. Even still, many entrepreneurs found themselves nine months into a 9-5 soul-sucking job, taking the proverbial (and more challenging) road less traveled.
If you are a business owner, you have a great deal to think about. As I've written about in the past, you wear many hats! So, not only are you looking for ways to grow your business, but you are also thinking about ways to save time and money. You also need to think about your corporate taxes, which can vary depending on whether you have an LLC or an S corporation.
Business owners wear a lot of hats. Ideas, management, execution, funding, and all other tasks business owners take on are essential functions within all company areas. Think of these as different hats a founder must wear.