Rethinking Your Business Entity Choice in Light of the TCJA

The Tax Cuts and Jobs Act (TCJA) made historic changes to the federal tax code. While all types of business entities have received a...

3 Things Women Need to Know When Starting Their Own Business

You have an idea and it’s a good one. You can envision what every day will look like as you execute on your idea....

Trademarks for Proprietary Products: What You Need to Know

Franchisors that are serious about developing additional revenue streams in their franchise will ultimately explore proprietary products. By creating new products either under the...

The Pros and Cons of Going Into Business with a Buddy

I've built five companies in my startup career, four of which I started with close friends. It's quite common to build a company with a close friend: you get together, think of a cool idea, and decide to get started. Why not, right?

Registering & Filing: Choosing Which States to File In

The temptation to go national out of the gate when launching a new franchise will be strong. If you haven’t filed in a registration...

What to Keep in Mind During Your First Year as an S Corp

Lots of business owners opt for the S Corp option because of the limited liability protection, the ability to raise money by selling shares, and to gain credibility.

Why the Sole Prop May Not Be Right for You

Considered the simplest business structure, the sole proprietorship is owned and operated by one person, and there's no legal distinction between the owner and the business. It's 100% legal for an entrepreneur to operate as a sole proprietor, but that doesn't necessarily mean you should.

How Does a Business Adopt a “Fictitious Name” or DBA?

There are many reasons why a business may want a DBA. For sole proprietors and partnerships, the legal name of their business is their personal name. For those who do not want to use their personal name as their business name, a DBA may be of some value.

Sole Proprietorship: Is the Risk Worth It?

If you are considering starting a business, the simplest and least expensive form of business is a sole proprietorship. A sole proprietorship is a...

DBA vs. LLC: Which is Best for Your Small Business?

You’ll come across inevitable steps when forging your path to entrepreneurship – formulating an idea, writing a business plan, obtaining funds, etc. But one...

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