What is a Sole Proprietorship? The definition of a sole proprietorship is an unincorporated business where one individual runs the business. That individual is entitled to all profits, but is also responsible for all losses and liabilities. The business and individual are one, without distinction between the two. This is different...
The Iowa Secretary of State is Iowa’s business portal. Since most businesses, apart from sole proprietors, must register with Secretary of State Paul Pate’s office (SOS), visits to the SOS website for organizations new to the state are ensured. However, all businesses, regardless of legal structure and organizational stage, can...
We all know that 2020 was a challenge, to say the least. Trying to keep a business afloat can be hard enough during good times let alone during a pandemic and it can be easy to lose motivation when you can’t see the win at the end of your day....
Starting and running your own business requires you to take a good deal of risks and from time to time a leap of faith. Entrepreneurs and business owners have to make quick decisions on what opportunities to chase after and which one’s they let pass on by. When we swing...
Good news for many small business owners: The Small Business Administration (SBA) recently announced the Restaurant Revitalization Fund (RRF), granting emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19. Despite its name, eligibility encompasses more than your typical dinner joint. Check out which businesses qualify below: Restaurants Food...
Hey, welcome back to our blog. Today we're talking health care. Have you had a chance to look into affordable health insurance options for your family? If you're looking to start a small business, don't let the cost of health insurance be a deterrent. Take a moment to read below...
ASCENT: U.S. Small Business Administration On January 11th, the U.S. Small Business Administration announced the launch of a new program, ASCENT. Ascent was created as a resource for women entrepreneurs to expand their knowledge through an online learning platform. Women own or co-own 45% of all businesses in the United States. These businesses represent all types...
Perfecting Your Business Pitch As we springboard into 2021 and you consider starting a new business with the new year, you may find yourself developing a pitch deck. Do not fear! You are the expert of your idea. And don’t forget that! It is important that your pitch reflects who you...
Customer Discovery Process For Iowa Businesses The key to mastering a brilliant business strategy starts with excellent customer discovery. Understand completely who exactly your product or service is targeting. Having in-depth customer discovery to carry you through your startup journey or innovation pivots will be extremely helpful. IASourceLink provides easy...
Add some spice to your Saturday night with help from small businesses. Whether you're looking to embark on a new dining experience or order something that hits closer to home, small businesses can help you create a night out (or in) to remember. Appetite for Appetizers Is it wrong to say that...
