Category: Incorporations

Don’t Make These Mistakes When Forming Your New Business

Don’t Make These Mistakes When Forming Your New Business

Forming a new business can be a daunting task, especially if you want to create an LLC instead of a sole proprietorship. While there are plenty of benefits, you need to watch out for some potential pitfalls if you want to attain those advantages. Here are a few mistakes to avoid: Thinking it’s too difficult […]

How to Maintain Your Small Business’s Corporate Status

How to Maintain Your Small Business’s Corporate Status

There are many benefits that can be derived from incorporating a small business. For one thing, you get protection for your personal assets by separating them from your business. You also get a number of tax benefits, including deductions that can only be taken by corporations. But these benefits only continue as long as you […]

What Is an S Corporation (and Is It for You)

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 […]

3 Reasons to Incorporate Your Small Business

3 Reasons to Incorporate Your Small Business

When you start up a new business, you have a number of business formation options. Small business owners choose a sole proprietorship since it is the easiest to set up. However, there are several big advantages to incorporating. Here are three reasons to consider it. Tax savings – Self-employment tax is basically a double tax […]

5 Important Phases of Incorporating in the State of California

5 Important Phases of Incorporating in the State of California

Small business owners are often enticed by the tax and liability benefits of incorporating a business. However, going from a sole proprietorship to a corporation may seem like a daunting task. Here are 5 important phases involved in setting up a new business as a corporation in California. Choosing the Company Name. You need to […]

Play 16, “Maybe You Shouldn’t Incorporate.”

Play 16, “Maybe You Shouldn’t Incorporate.”

Welcome to another week’s Play from my Small Business Legal Playbook. I hope the tips are helpful to you and your business, as these Plays are specially designed to give you a little insight on the legal side of running a small business. Today’s Play, Play 16, “Maybe You Shouldn’t Incorporate” is the final Play […]

Play 12, “It’s Time to Break Up, LLC Edition Offensive Strategies.”

Welcome to another week’s Play from my Small Business Legal Playbook. I hope the tips are helpful to you and your business, as these Plays are specially designed to give you a little insight on the legal side of running a small business. Today’s Play, “It’s Time to Break Up, LLC Edition” involves something most […]