Reason for expanding the business

 Every one has a time in their life or when they run a business and they ask themselves am I ready to take the next big step?

We'll how can you take the next big step?
I'm about to tell you a couple of reason why you should begin to expand your business and how to expand your business.
One of the big and most popular ways of expanding is the size of your building. Either making a new store or buy a bigger property allowing you to do what you need to do. Another way of expanding is to make your company into franchise. Franchise are when someone who is interested in your company store and would like to put a store similar in your company name. Some of the top franchise today are subway, mcdonalds, serverpo, etc. but not gonna get into a lot of detail in that.
Another way to expand your business is to find new types of markets and advertising area. Don't just local advertise around the county, then the state by then you will sure have a couple stores/ building to function properly and to stay up with clients. Bring in new type of clients that you never though would buy into it. Keep an open mind when expanding.
Last way to expand but not fit for all companies such as construction or services is getting government contracts. The state governments are always looking companies to help. So if you can help them , bid for their contract, not only will you grow bigger and more profit but working for the government gives you a constant money flow to your company as long as you have those contracts coming in.

Second interview questions

1. My mentors name is Juan Munoz co founder and CEO of Guills inc.  he is the face and the brains of his corporation.

2. What are the reasons why you chose your career?

Do you see a future in your career and in the industry?

What are some traits that are needed to make a good business man?

what make your job so enjoyable for you? is there a favorite part of your day?

is there any other types of careers or jobs that are similar to your job that also look interesting?

what do you plan on doing in the future for business?

is there a=another type of industry that you would like to go in to?

Blog 5 Project Reflection and Working EQ

1. Positive Statement: doing the research and the mentor ship is allowing me to get expirience with the career I want to follow. Making it easier for me in the future because Ill know what to do.

2. From my research even if going a different path all articles have something in common that hep a corporation grow. That is the customers and the employees.

3. So far everything has worked. Maybe not perfect but it has worked and this is just the beginning , and I'll get better at it.

4. Well if I have something that hasn't worked out for me so far  it's probably the blogs, because I forget to check the blog and I just end up doing them on the last day. And also doing the links but I think I fixed that issue already.

5. A possible question to use for me is  what makes a corporation thrive to it'd best? Something like that. I already got a mentor and really just study what he does. There different types of corporation that aren't in the office like my mentor which is in the car all day going across cities.

Corporation Management 101

  If your reading this because you want to learn how to manage/start a corporation. Know that I every month will post tips and facts on how to run the business. But for the first couple parts I am going to show you how to  start your corporation.




1. First before we can start, have you chosen  a name for your corporation? Try to combine it with what your company will be doing or is doing. For example if you work on the on the highway, then maybe the highway company, or highways workers co. Now you dont have to do that but its just a way to start.

2. After that is done you must corporate your company. There are websites where you can corporate also places to go. After you've don that you are gonna have to chose whether to be a C corporation or a S corporation. what the difference? A C corporation is taxed at two levels, also know as double taxation.The income that the corp. makes is taxd at a corp. rate then the income is distributed to all the share holders of the company. In which they then have to pay a income tax. Now  a S corporation circumvent double taxation, because the profit passes trough the corp. to the share holders where the share holders have to pay in their individual tax brackets