If you have recently formed an LLC for your business or you are planning to do this in the near future, you should draft an operating agreement. In some states it is required by law but even if it isn’t, there is good reason to do this.
Much like your well meaning friends when you are looking for advice, everybody has opinion and some of those opinions are based on facts. Then there are the others. You’re on your way to starting a business and you’ve read all of the articles that give you advice about what to do before the big […]
There was a close call in Washington D.C. this year. Within the vast health care reform bill that the Obama Administration crafted, there was a law that required all businesses to complete a 1099 form for every business transaction made with outside businesses. In the past it was only for transactions above $600 so the […]
There’s no doubt that the restaurant industry is an exciting place. When you open a restaurant, you have dreams of becoming a popular figure in your neighborhood or even your entire town. Many new corporations are created for the purpose of establishing a restaurant. Yet, the failure rate of restaurants is high in a tight […]
Not long ago, after a new business was well established it required an online presence to sustain its success. Now, the trend is reversed. Many new corporations are created to start first as online only businesses.
Now that you know that you’re going to register your business startup, you have some decisions to make. Do you want to form an LLC or is forming a corporation the better choice for you? If you use a business registration company to help you with this task, they can guide you through the process […]
The best job you can find just might be one that you buy for yourself with a business acquisition. Buying an existing business is really the purchase of a career. It’s a sound consideration for an entrepreneur. Establishing a new corporation is conducive to purchasing an existing business.
Anybody who creates for a living understands one key yet frustrating point: The process of creating anything is a less than scientific process. Pharmaceutical companies go through thousands or millions of combinations of ingredients before developing the next game changing drug. Composers who create beautiful music end up with a lot of useless music on […]