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  2. How To Start a Small Business in 7 Steps - AOL

    www.aol.com/start-small-business-7-steps...

    Looking at starting a small business as a whole can seem more daunting than if you break the process into smaller, more achievable steps. Here are seven steps to take when starting your small ...

  3. What to Know About Taxes for Family Businesses - AOL

    www.aol.com/finance/know-taxes-family-businesses...

    For example, a teenager who earns $10,000 working part-time for the family business can use the 2024 standard deduction to shelter their earnings from income taxes.

  4. Teens & Taxes: How Much Can Your Teen Make Before ... - AOL

    www.aol.com/finance/teens-taxes-much-teen...

    Do you have a devoted young worker or budding entrepreneur in your household? If your teen earned income in 2022, they might need to file taxes this year. Teens & Taxes: What Documents Does Your...

  5. Small business - Wikipedia

    en.wikipedia.org/wiki/Small_business

    Franchising is a way for small business owners to benefit from the economies of scale of the big corporation (franchiser). McDonald's and Subway are examples of a franchise. The small business owner can leverage a strong brand name and purchasing power of the larger company while keeping their own investment affordable.

  6. Business plan - Wikipedia

    en.wikipedia.org/wiki/Business_plan

    The format of a business plan depends on its presentation context. It is common for businesses, especially start-ups, to have three or four formats for the same business plan. An "elevator pitch" is a short summary of the plan's executive summary. This is often used as a teaser to awaken the interest of potential investors, customers, or ...

  7. Startup company - Wikipedia

    en.wikipedia.org/wiki/Startup_company

    A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]

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