Advice for Starting a New Business

Advice for Starting a New Business

Starting a Business has many legal processes that any entrepreneur or individual starting a business will need to consider even prior to starting the new endeavor. The legal processes involved in starting a business can determine its success in the future. If...

What are the advantages of a small business LLC?

So you want to start your own company and the first step you need to take is deciding which type of business entity you would like it to be. One of the most powerful entities is the LLC, which has many benefits and advantages. Read on to see if setting up an LLC would...

What is a Business Plan and Why Do I Need One?

What is a Business Plan? Writing a business plan is an important part of ensuring you will be running a successful, lucrative business for years to come. Most business plans are comprised of several key elements, although it can depend on the use and audience. The...

Tax Issue Basics for Business Start-Ups

Income Taxes: All businesses are required to pay state and federal income taxes. Specific requirements vary based on the legal form of the business: – Sole Proprietorships report revenue and expenses from business activities on the Schedule C and include them...

Determining the Legal Form of Business That is Best

Deciding on the legal form of business you want is an important part of setting up a business that will thrive. Your decision should be based on issues of liability exposure, taxes, future expansion plans and the number of owners involved. The legal form you choose...