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Should You Make Your Vacation Rental Property an LLC?
If you’re a vacation rental owner, you may be wondering whether or not you should make your property an LLC (Limited Liability Company). Owning and managing a vacation rental comes with its own set of responsibilities and considerations, and structuring your property as an LLC is one avenue worth exploring. Forming an LLC offers potential…
Non-Market Strategy: How to Gain Competitive Advantage Beyond the Marketplace
Business success extends beyond traditional market activities. While market strategy focuses on competition, customer needs, and revenue generation, there is another dimension that requires careful consideration: non-market strategy. Non-market strategy involves navigating the political, social, and regulatory environments that influence business operations and shape reputations. It is about proactively managing external factors to gain a…