small business Featured The Top 6 Advantages of Forming an LLC While sole proprietorships, corporations, and partnerships all have their advantages and disadvantages, LLCs have a distinct set of benefits. Here are the top six advantages of forming an LLC.
small business Featured What Type of Business Entity Should You Start? Are you looking to start a business but aren't sure the best legal structure to choose? According to the SBA, there are currently over 33 million small businesses in the US and there were over 5 million new business applications in 2021 — the most at any point in
salary Featured Owner's Draw vs. Salary There are two main ways you can pay yourself as an owner: an owner's draw and taking a salary. In this article, we discuss the differences between these two methods so you can make an informed choice.
small business Featured What’s the Difference Between an LLC, a Corporation, and a partnership? If you are new to small business, it’s important to understand how an LLC, a Corporation, and a Partnership differ, so you can structure your business to fit your needs and future goals.
small business Featured How To Change From A Sole Proprietorship To An LLC In 7 Steps Forming an LLC offers many benefits that a Sole Proprietorship does not, such as legal protection. Here are seven steps to switch from a sole prop to an LLC.
small business Featured How Much Does it Cost to Start an LLC? No matter which state you form your LLC, you are required to pay a series of filing fees. Here's how to budget the costs.
llc Featured LLP vs LLC: What’s the Difference And Which One is Best for You? Limited liability companies (LLCs) and limited liability partnerships (LLPs) are similar entities but it's critical to understand the differences. Here we highlight the four main differences between LLCs and LLPs.
llc Featured 7 Essential Steps to Take After Starting an LLC Once you have the Certificate of Formation, there are other steps to take — some you need to do before conducting business. Here are the seven critical steps to take after starting an LLC.
small business Featured 10 Techniques To Keep Personal and Business Finances Separate-And Why It's Important When it comes to finances, it is critically important to keep business and personal finances separate. In this article, we will discuss the 10 ways you can keep your finances separate and why you need to do so.
small business Featured Which Business Structure is Best for Your Long-Term Goals? Here we break down three main business structures, the pros and cons of each, and which one is best for your long-term goals.
small business Featured Piercing The Corporate Veil: How You Can Lose Your Business Liability Protection The term piercing the corporate veil refers to a situation when a court chooses to set aside a business owners' limited liability protection. Here's what you need to know and how to avoid it.
small business Featured How to Change Your Business Name: A Complete Guide The name of your business is important and there may come a time when you want to change your business name. Here's how to do it.
small business Featured Business Name vs. Trade Name: What's the Difference? Did you know that you can use different names for your business? You can operate under your legal business name or use a trade name. We tell you all about it in this article.
sole proprietor Featured Can a Sole Proprietor Have Employees? Being a sole proprietor can be very rewarding and challenging, as your business rests entirely on your shoulders. Can you hire employees as a sole proprietor? We answer that in this article.
small business Featured Do I Need an EIN For My LLC? How you form your LLC and the number of owners your LLC has will determine if you need to apply for an EIN. Here's what you need to know.
