Whenever you're starting a business, whether you'll be working from home or setting up a store on Main Street, there are a number of legal considerations to explore. The specific licensing requirements vary state by state, as well as by business type.
If you're running multiple business projects, you've probably been stumped on what's the best way to structure all these ventures. Should you form one corporation to cover them all? Should you form an LLC for each one?
When you first get your startup off the ground with a partner, it’s easy to feel like you’ll be in it together for the...
For the small business owner, there's typically little separation between business and personal. You bring your work home (or you may even work from home). You've probably invested your own money in the business, or skipped a pay check or two to keep the business going.
CorpNet CEO Nellie Akalp joins me to discuss business structure types including the sole proprietorship, LLC, and corporation. We focus mainly on the difference between LLCs and S-Corps, which are the two most popular business structures used by small businesses today.
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...
Many business owners think they are "too small" to incorporate. They wait until business picks up or they are ready to expand to tack on that legal structure. Here are some top reasons why you should consider incorporating now instead of waiting.
Protecting the name of your business is a vital step toward franchising. It also has other important business implications. Think of it as the...
Partnerships consist of an association of two or more persons who assume co-ownership of a business for profit. While partnerships are relatively easy to set-up, there are some basic tips that if followed can lead to a long-lasting and rewarding partnership.
New business owners often ask, "How do I set up my business for tax purposes?" One of the choices you make when starting a business is the type of legal organization you select. This decision can affect how much you pay in taxes, the amount of bookkeeping and paperwork required, the personal liability you might be responsibility for, and your ability of borrow money.