Does my business really need one? Have you ever wondered… do I need an LLC for my business? Don’t worry, we are here to help. An LLC stands for “Limited Liability Company”. An LLC is mainly setup to protect the members’ personal assets and keep them separate from the business’s creditors. What does that mean … continue reading the entire article
When a business owner decides to file their Limited Liability Company (LLC) on their own, creating a thorough Operating Agreement is the step that is most often overlooked. Often, many commonly omitted details can be avoided when you go through the process of forming your LLC with a professional.
The most important decision you make as a business owner, whether starting a new business, purchasing a business, or reviewing a current business entity, is choosing the legal structure that will protect your personal assets. There are three to consider. Legal Business Structures Doing Business As (DBA) This option is simply filing a fictitious name … continue reading the entire article
These may be the four most important words for an entrepreneur or small-business owner who often operates on a “handshake” principle: Get it in writing. The challenge and excitement of starting a new business can lead to entering business agreements haphazardly or with the complete trust of the other party, especially if it is with … continue reading the entire article
Limited Liability Company (LLC) has become one of the most popular business entity types for solo and small business owners. It is considered to be more flexible than a corporation and has the advantage of combining the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation, creating the best … continue reading the entire article
Small business owners know there is simply no way around legal paperwork. Legal documents constitute the very framework of your business, minimize your risks and help protect your interests. You can find plenty of legal templates online, whether you’re forming an LLC, buying a business, bringing on a new partner, or hiring a new employee. … continue reading the entire article
Choosing an attorney should be done carefully and certainly not solely based on advertisements. You should match your needs with the attorney’s areas of practice. The law is vast and complex. It is difficult to be knowledgeable and have first-hand experience in all areas. Therefore, it becomes crucial for attorneys to limit their focus to … continue reading the entire article
Perhaps the most frequently asked questions I get by business owners are “Should I form a Limited Liability Company (LLC)? What are the advantages if I did? Should I wait until my business grows to a certain level?” You may have started your small business under your own individual name and filed a Fictitious Name … continue reading the entire article