For startup business owners, deciding when to incorporate and which business entity to form is an important step for growing a company. Two well-known forms of business are corporations and limited liability companies. The eCommerce Times offers some insight into the original purposes of these entities and how they remain viable ways to protect businesses.
For many people in New Orleans area, Hurricane Katrina flooded their houses and rendered them homeless. The state offers a homestead exemption for residents with new housing arrangements, but these benefits are mutually exclusive of the benefits that come with purchasing a home through a limited liability company, reports nola.com.
For Indiana-based entrepreneurs who have recently undergone or are considering business formation, there is a new web-based community that might help them find needed suppliers. Startup business owners in the state may find this tool makes it easy for Hoosiers to do business with Hoosiers.
The recent Supreme Court decisions to lift the ban on small businesses ability to participate in electoral campaigns has made many small business owners aware of the fact that they should do their homework on corporate laws.
As the economy is slowly recovering, it may be time for small business owners to start thinking about how to expand their enterprises. Suite101.com offer some tips for growth that might benefit all business types.
The first-ever national arts index revealed that funder commitment to the arts is declining in tough economic times. In light of the inconstancy of donor funds in recession, this might be a prime moment for artists to bank on their talents through business formation.
Entrepreneurs who are considering business formation might be focused on which state they should incorporate their businesses in, but regardless of where they operate they should remember that today’s economy calls for catering to a global market.
Many business owners will attest to the fact that corporate tax breaks are one of the most beneficial aspects of incorporation. Now, entrepreneurs considering business formation might be interested to learn that 2010 will bring new tax savings for small companies.