Is an LLC the Right Business Formation for Your New Company?
If you have an idea for a small business, you may wonder whether it is worth it to form an LLC or if you should just make it a sole proprietorship. First, let’s address what an LLC is. It stands for Limited Liability Company. It is a legal structure that allows you to be a […]
What Is an S Corporation (and Is It for You)?
Incorporating can have some great benefits for a small business owner. However, it is important to understand the different types of corporate formations and whether or not they will meet your personal business needs. Here are some things you should know about an S corp. What Is an S Corporation? Organizing your business as an […]
Why Have Contractors Sign a Non-Disclosure Agreement (NDA)?
Whether you call it a confidentiality agreement or an NDA, you want this business contract to be a regular part of your dealings with any employees, contractors, or private consultants your company uses. Why is it so important? Defines confidential information – You may feel that anything you tell your employees via email is confidential, […]
Small Business Owners FAQ: Do I Need an EIN?
A lot of small business owners ask this question. The answer is given away by the name, but you have to know what the initials stand for. EIN means employer identification number. With that in mind, it becomes clear that this number is only for employers. So the real question you have to ask yourself […]
Considerations When Purchasing a Small Business in California
So you want to be a small business owner but you don’t want to start from scratch? Buying an existing business can be a good option. However, there are a few considerations when you purchase an existing business in California. Here are some things to watch out for. Seller’s permit – The seller’s permit doesn’t […]
Protecting Your Small Business Without a Non-Compete Agreement
Non-Compete Agreements are common in the modern business world. After all, an employee of a small business is very quickly going to the learn the “secret sauce” that gives your small startup a competitive advantage. So what is to stop an employee from breaking away and becoming your primary competitor? Non-disclosure agreements between a business […]
