You and a friend or family member have plans to turn that idea in to a small business. It’s a common occurrence in the business world but before you set out to be successful entrepreneurs, there are some legal and organizational matters to attend to first. Although you hope that the partnership never dissolves, you […]
It’s “either the biggest building or the biggest tax scam on record.” President Barak Obama said this about a certain address in the Cayman Islands where more than 12,000 companies are registered as having their corporate headquarters there.
Before you open the doors, virtual or brick and mortar, to your new business startup, you will undoubtedly put in a lot of hours. These hours may include business plans, branding, and business registration activities but if you don’t receive the correct information from the beginning, it may cost you valuable time and money. Avoid […]
When you’re a new business owner, every dollar you spend has to provide a return on your investment. One of those expenses is the registration of your company. While it may be one of those expenses that seem largely unnecessary during the beginning stages of your business, this is far from true. Here’s why:
Starting a business takes a lot of money, right? It’s no secret that some businesses takes five or six figures worth of funding but some businesses, which can be just as successful as those high cost startups can come to life with less than $1,000 in startup funds.
If you are planning to open a small business, most states require that you register your new business with the state in which you reside and when you do, initially, the name of your business is picked for you. If you are the sole owner of the business, the name of the business is simply […]