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?
Many people dream of owning their own businesses, but never actually make it happen. There’s always an excuse as to why: You don’t have the money. You don’t know anything about business. The list goes on and on. But if running your own business is truly something you’re passionate about, any of these obstacles can be overcome with a little effort.
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?
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.
Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.