4-Nov-08 10:00 PM CST

5 Tips To Survive A Struggling Economy

Here's some helpful advice to your readers and viewers struggling right now.

1. Find a law firm which focuses on entrepreneurs looking to help you grow

2. Hire an accountant who works with entrepreneurs and who understands the economic realities of a start up.

3. Consider forming a Limited Liability Company or Corporation; discuss with your lawyer and accountant which entity is the best for you.

4. Visit a commercial bank and discuss the requirements of establishing a small line of credit..even if they will only offer you a small credit card line in your company's name in order that you begin a credit history for your company.

5. Establish from the start accurate records and detailed bookkeeping system so that your progress is documented at all times.

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For additional information on this Earthworm News article, please contact:

Jeremy Hunt

Source: Snow Magazine
http://www.earthwormjobs.com

5 Tips To Survive A Struggling Economy

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