Posts Tagged ‘LLC’
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 of the most crucial steps you will stumble upon is deciding what your company’s business type will be. Among small businesses, the most popular types of structures are DBAs (doing business…
Read MoreUnused LLCs and Corps
Why do you keep forming LLCs, partnerships or any kind of corporation when you’re not really ready to do business? Then, you have these legal entities, with stringent tax filing responsibilities – and you do nothing. Or you start them and operate the business for a while – but don’t file tax returns – because…
Read More3 More Important Ways to Build a Strong Financial Foundation for Your New Business
Your first month of business can be the most stressful and harried time as a business owner — you likely have a to-do list a mile long, and are losing sleep at night with all the items running through your head that you need to check off. One of the most important areas to concentrate…
Read MoreWhich Business Entity Type is Right for My Small Business?
Should I opt for an LLC? Or would an S corporation suit my needs better? What about the C corporation? These questions are asked so often by entrepreneurs. That’s because many start out as either sole proprietors or in partnerships, and there comes a time when it’s appropriate—and more beneficial—to establish a formal entity structure…
Read MoreLLC or Corporation: What’s Better?
Many entrepreneurs just starting a business or considering changing their current business’ structure come to us wondering: What’s the difference between an LLC and Corporation? Which one is a better option for me? It’s an understandable question, and an important decision to make for the success of your business. This post will explain what you…
Read More8 Reasons to Incorporate Your New Company Early
Many entrepreneurs are so focused on finalizing their innovative product or service that they procrastinate on the formalities of forming the requisite new company until later. Unfortunately, waiting until later will dramatically increase the risk of losing ownership of the solution they worked so hard to complete in addition to personal and family assets. Although…
Read More7 Reasons You Need to Incorporate Today
Choosing how a business is organized, taxed, and protected is one of the most important first decisions you will make as a new business owner. While most businesses make the decision to incorporate right at the start of the business, some wait too long and lose valuable benefits year over year. Depending on the business…
Read MoreUnderstanding the Difference Between an LLC and an S Corp
You have many options when it comes to choosing a structure for your business. Two of the most popular options include the limited liability company (LLC) and the S Corporation (S Corp). These two business entities have many similarities although it’s important to understand the differences and how they will affect your taxes, business management,…
Read MoreShould You Incorporate a Startup? 5 Times When the Answer is Yes
Getting a new business off the ground is challenging enough, but it can feel downright overwhelming when you consider the legal ramifications. While not every startup needs to take the step of incorporating or forming an LLC, it’s a good idea if your business will expose you to risk or you want to approach certain…
Read MoreBusiness Structure Types for Entrepreneurs
