The 3 Biggest Mistakes Entrepreneurs Make When Forming an LLC
Forming an LLC is actually a fairly simple and affordable process, and it really makes sense for many small business owners. However, there are some pitfalls to watch out for if you’ve never done this kind of thing before. Here are 3 common mistakes that are made involving LLC formation. #1 Not Understanding the Online […]
The Importance of Maintaining Your Company’s Corporate Status
If you have incorporated your small business, then you no doubt understand many of the benefits that come with maintaining corporate status. For example: Your business and personal assets are kept separate Various corporate structures have different tax benefits Corporations can take additional expenses as deductions Adds credibility to your business However, it is important […]
Is It Possible to Split from My Business Partner?
A partnership can sometimes be one of the trickiest business formations. After all, no matter how similar your vision for the future of the company, no two people will ever have the exact same ideas on how to get there. Consider the following scenarios where two people may want to get out of a business […]
Finding the Right Business Attorney for Your New Startup
A business attorney can be an invaluable asset for a new startup that is just getting on its feet. However, it is, unfortunately, easy to get burned by expensive legal fees if you don’t select your lawyer carefully. Here are a few things to think about when choosing a small business lawyer. Don’t Wait for […]
Protecting the Copyright of Your Online Works
The Digital Millennium Copyright Act was a major step taken to protect all online content. As a result, anything you publish online is technically protected. You don’t even have to include the copyright symbol on every page of your site. Of course, there are plenty of unsavory businesspeople and others who are willing to cut […]
Advantages and Disadvantages of Forming an S Corporation
If you are ready to incorporate your business, one of the business formations you are likely considering is the S corporation (sometimes shortened to S corp). What is an S corporation? What are the advantages and disadvantages of using this particular type of business setup? Let’s take a closer look at how S corps work. […]
