Articles
The Benefits of a Limited Liability Company
Date: Thu, Aug 11th, 2011 12:00:00 am | Categories:
Limited liability companies are basically the same as a sole proprietorship, partnership or corporation. Even though LLC's are slightly different in the way of financial liability, they are taxed the same as other types of businesses. The basic concept behind a limited liability company is that the owner's have little financial responsibility if a loss is incurred. The majority of debt relief falls on the business itself and the assets it holds.
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The Essentials of Forming a Limited Liability Company
Date: Thu, Aug 11th, 2011 12:00:00 am | Categories:
If you are thinking of taking your company or business adventure to the next level, forming a limited liability company may the perfect way to make your LLC a legal reality.
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How We Created Our Affiliate Program and What You Should Consider
Date: Tue, Jul 27th, 2010 12:00:00 am | Categories: General Topics
Ever wonder how an affiliate program is created...especially how the payout to affiliates is determined?
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Taking Your LLC Green
Date: Thu, Jun 24th, 2010 12:00:00 am | Categories:
Whether you are forming an LLC or have been in business for years, taking steps to make your LLC energy efficient just makes sense.
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OSHA: Keeping Your Employees Safe
Date: Thu, Jun 24th, 2010 12:00:00 am | Categories:
Whether you recently formed an LLC or incorporated a business, keeping your employees safe should top your priorities list.
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Using a Demand Letter to Benefit Your LLC
Date: Thu, Jun 17th, 2010 12:00:00 am | Categories:
Are you familiar with a demand letter and how it can benefit your business? When you form an LLC you have high hopes that every customer pays every bill on time. Sorry, it’s just not that easy. When you form an LLC some of your customers are just not going to pay. But before you head off to court, try a demand letter it may help you get the desired results and save both time and money. Demand letters help LLCs and other businesses resolve 30% of all potential disputes. The beauty of a demand letter is that it is inexpensive and does not have to be complicated, just a short, concise letter demanding payment. In the event the customer does not make payment or you cannot agree on a compromise, you have created additional documentation to take before a judge.
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Should Your LLC or Corporation Buy a Franchise?
Date: Wed, Jun 9th, 2010 12:00:00 am | Categories: General Topics
Ever thought of owning a franchise? In many cases, you can establish a corporation or form an LLC and own franchises under your corporation or LLC name. You may even be able to secure a start up loan from the Small Business Administration (SBA). There are so many franchises your corporation or LLC could buy into. Let’s take a look at a few as well as some loan information provided by the SBA.
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Accounting Methods for Your LLC
Date: Mon, Jun 7th, 2010 12:00:00 am | Categories: General Topics, Tax Maters
Keeping up with your accounting is an important part of any business. Your LLC cannot thrive if you don’t have a solid method to track your income and expenses. The two principal methods are the cash method and the accrual method (sometimes called cash basis and accrual basis). Before you can choose the right method for your LLC, you should know the advantages and disadvantages of both. The two methods don’t change your income or your expenses, just the timing on when they are credited and debited to your accounts.
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5 States to Consider for Business Incorporation or an LLC
Date: Thu, Jun 3rd, 2010 12:00:00 am | Categories: General Topics, Tax Maters, Legal Matters
Whether you are looking to form an LLC or thinking about business incorporation, there are 5 states with tax breaks that may be the perfect location for your small business. For your corporation or LLC have you considered?
• South Dakota
• Texas
• Montana
• Tennessee
• Utah
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Should Your LLC Hire an Independent Contractor?
Date: Tue, Jun 1st, 2010 12:00:00 am | Categories: General Topics
For all the pros of hiring an independent contractor you might be tempted to never hire an employee again. There are however some cons of staffing your limited liability company with an independent contractor instead of an employee.
Without a written agreement, you may not have copyright ownership of the work an independent contractor creates. With an employee, in most cases the business automatically owns any work created by an employee.
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