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Home / Archives for Startup / Making Your Business Official

Making Your Business Official

Take These Steps to Form a Non-Profit Business

Nov 19, 2020 By Deborah Sweeney

If you’re looking to form a non-profit corporation, there are several important steps for you to follow. Incorporating a non-profit corporation is often similar to a for-profit corporation, but there are some differences to be aware of. Here are some general guidelines for incorporating a non-profit. Pre-Incorporation Matters Prior to incorporation, you should have a […]

Filed Under: Making Your Business Official Tagged With: Nonprofit

4 Surefire Tips for Picking the Right Entity for Your Small Business

May 28, 2020 By 1800Accountant

There’s one crucial step in starting a small business that many entrepreneurs forget to consider. Before you can file paperwork and officially organize your company, you need to decide how to structure your new business. When you choose how to structure your company, you’re essentially deciding how your small business entity will be recognized by […]

Filed Under: Making Your Business Official, Startup Tagged With: Business Entity, Incorporation

5 Simple Tips to Make Your Small Business Official

May 27, 2020 By Kristie Wright

You’ve got a great idea, done the fieldwork, got your funding, and put together a plan with projections. Now you’re finally ready to launch your small business. Or are you? There are several important, practical steps that need to be taken in order to make your new venture legally compliant. Follow this roadmap to make […]

Filed Under: Making Your Business Official, Startup Tagged With: Business Name, Incorporation, Licensing

Why Does My Small Business Need a Registered Agent?

Jan 30, 2020 By 1800Accountant

Regardless of how large your business has grown, or if you’re just starting out, everyone needs a few talented human resources. A bookkeeper, someone familiar with taxes in your state, and a registered agent. What is a Registered Agent? A registered agent is an individual (or a company) that’s your official point of contact with […]

Filed Under: Making Your Business Official Tagged With: LLC, Registered Agent

What’s the Difference Between an LLC and an LLP?

Jan 17, 2020 By 1800Accountant

There’s only one letter difference, so how different can they be? When you’re deciding how to choose the right entity for your business, there are a few important acronyms to learn and differentiate. A Limited liability Company (LLC) is a legal entity under which you operate a business. With an LLC, you pick up the ownership share […]

Filed Under: Making Your Business Official Tagged With: Business Entity, LLC, LLP

3 Ways an S Corporation Can Help You Save Money

Nov 13, 2019 By 1800Accountant

If you’re just starting a business or think your current entity isn’t working for you anymore, it’s time to do some research. A sole proprietorship can be good for a small company or an entrepreneur with limited assets. An LLC is a wise choice for a still small business with the risk of liability. But […]

Filed Under: Making Your Business Official Tagged With: S Corporation

What Business Entity is Right for an Amazon Seller?

Oct 9, 2019 By 1800Accountant

If you sell products on Amazon, this might very well be the first time you’ve been self-employed. There are a lot of responsibilities that go along with being your own boss. Keeping track of your stock, interacting with customers, managing your online presence, as well as reporting your business earnings on your income tax return. […]

Filed Under: Making Your Business Official Tagged With: Amazon, Business Entity

What an LLC Can Mean to Real Estate Agents

Sep 16, 2019 By 1800Accountant

For a real estate agent, setting up an LLC is absolutely essential in forming your real estate business. The majority of real estate agents work as self-employed, independent contractors; even those agents who work for brokerages operate in a similar capacity, filing 1099 forms for their tax returns. Independent contractors usually have more freedom and a greater earning […]

Filed Under: Making Your Business Official Tagged With: Entity, LLC

Rideshare Driver? Cover Your Assets with an LLC

Sep 9, 2019 By 1800Accountant

If you’re driving for Uber or Lyft, this might be the first time you’ve taken on the responsibilities of self-employment, including reporting business earnings on your income tax return. Ridesharing is a bit different than other businesses, and you have a few options for how you report that income—you can use a Schedule C, or […]

Filed Under: Making Your Business Official Tagged With: Business Entity, LLC, S Corporation, Sole Proprietorship

Which Business Entity is Right for You?

Aug 26, 2019 By 1800Accountant

Have you been dreaming about starting your own business? Congratulations! But now what? There is a lot to think about when establishing your new business. One of the first steps for many entrepreneurs is setting up their business entity—whether you’re a rideshare driver, a real estate professional, or a graphic designer, setting up your business […]

Filed Under: Making Your Business Official Tagged With: Business Entity, Incorporation, LLC, Partnerships, Sole Proprietors

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