A lot of us have passed the stage of wanting to get incorporated and have reached the stage of deciding where to get incorporated. At the stage of finding the right location, one state consistently stands out when entrepreneurs and businesses consider incorporating and that’s Delaware. Delaware currently houses about 68%-69% of Fortune 500 companies. […]
I don’t think we can name one person today who hasn’t used the words “business” and “company” interchangeably. Well, maybe babies are not guilty of this charge… yet! I know you have noticed it too, and maybe you do not even have the time to use the right term, so it is justified for you
An Employer Identification Number (EIN) is a special nine-digit number given to businesses by the Internal Revenue Service. It’s one of the types of Tax IDs used to keep track of businesses for tax purposes. The first two digits show where it was issued, and the next seven digits identify the business (e.g., XX-XXXXXXX). Having
You’ve got your business idea, your passion, and your drive and you are ready to turn your entrepreneurial dream into a reality. But wait, there’s one more essential step: creating your website to put it all into perspective.Let me tell you about Jane. Jane is an ambitious entrepreneur ready to launch her new venture. She’s
If you were naming the top three social media platforms to drive businesses in 2019, you would have also said “LinkedIn, Instagram and Facebook”. However, that is not the case in 2024, especially now that e-commerce is rapidly becoming the cornerstone of profitability in business. Chances are you have heard of TikTok before. You know
Starting an e-commerce business is an exciting venture that promises the potential for substantial profits and flexibility. However, one decision you’ll need to make early on is how to structure your business. Among the various options available, setting up your e-commerce business as a Limited Liability Company (LLC) can be particularly beneficial. Here’s why you
For the past two years, GoNomad has been on a mission to empower location-independent businesses and entrepreneurs like you. We’ve helped over 500 companies break down geographical barriers, generate over $2 million in revenue, and establish a presence across all five continents. But the numbers only tell part of the story. Our greatest accomplishment is
Let’s say you’re setting sail across a vast ocean: you have a capable ship, a skilled crew, and a thirst for adventure, but no direction or destination in mind. Here’s the shocker. Even the most magnificent vessel may not succeed without a destination in mind. The same is true for your business. A clear business
In case you are wondering why these three countries, relax and hear why and what they have in common. Nigeria, Ghana and South Africa are grounds for passionate e-commerce store owners, coaches, freelancers, solopreneurs and startup founders. The point is, that these are amazing African countries populated with visionary entrepreneurs ready to expand to global
Making sales and satisfying customers’ needs is an exciting experience everyone aspires to succeed in. The business world is overflowing with information, offering countless resources, strategies, and support systems, promising to be the key to a successful startup. But with so much available, where do you even begin? Two main programs offer themselves to startups: