Starting a business up with a partner is a great idea—not only does a business partner effectively halve the staggering amount of work that comes with forming a new company, but having a partner also means having someone to talk to and bounce ideas off of.
When a business venture involves forming a partnership, following a few simple tips prior to start-up will help protect everyone involved. Whether your partnership is for a long-term commitment or a short-lived union, these following 5 strategies can ensure a happy and successful legal partnership.
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.
For a small business, the number of filings required in a given year can be overwhelming, taking much needed time away from growing your business into a success. This may seem like trivial paperwork, but it's actually pretty important.
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?
Another tax time has come and gone. If you’re self-employed operating as a sole proprietor, tax time can be yet another reminder that you haven’t addressed your business structure yet. Maybe you started your business as a side project, and a sole proprietorship made sense. But is it best for your needs now?
It’s been our experience that, for the most part, timeliness is second only to price for many of our customers. And interestingly enough, customers tend to be concerned mostly with how long it takes to file for one of three things: DBA ‘Doing Business As’ names, copyrights, and trademarks.
Selecting a business entity is one of the most important decisions you will make when you start your business. Each of the options you have will have their own strengths and weaknesses, and this guide will prepare you to make the right decision.
If your business conducts business in one state but is officially incorporated in another, then it is considered a foreign corporation. This article details the steps you must take to qualify as a foreign corporation in order to legally do business in that state.
If you want to do business using a business name, as opposed to your personal legal name, then you’ll need to file a DBA. This article discusses the purposes of a DBA, and how their use might differ if your business is a sole proprietorship, LLC, or corporation.