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Home / Archives for LLC

LLC

Why the Sole Prop May Not Be Right for You

Feb 24, 2014 By Nellie Akalp

Considered the simplest business structure, the sole proprietorship is owned and operated by one person, and there’s no legal distinction between the owner and the business. It’s 100% legal for an entrepreneur to operate as a sole proprietor, but that doesn’t necessarily mean you should.

Filed Under: Making Your Business Official Tagged With: Business Entity, Business Structure, Incorporation, LLC, Nellie Akalp, Sole Proprietors

8 Things to Do After You Incorporate a Business

Jan 6, 2014 By Nellie Akalp

If you’ve created a formal business structure for your business, then you know you’ve taken a big step toward protecting your personal assets and setting the foundation for your business. But you might be wondering what’s next.

Filed Under: Making Your Business Official Tagged With: Banking, Business Entity, Compliance, DBA, Incorporation, IRS, LLC, Nellie Akalp, Taxes, Trademark

Are You Still Using Your Personal Bank Account for Your Business?

Oct 29, 2013 By Nellie Akalp

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.

Filed Under: Making Your Business Official Tagged With: Banking, Business Credit, Incorporation, Liability, LLC, Nellie Akalp

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