Articles
Do Market Research Before Your Business Filing
Date: Fri, May 14th, 2010 12:00:00 am | Categories: General Topics, How To
Have you considered doing market research before you complete your business filing? Many small business owners don’t take the time to conduct market research when they form an LLC. They fear it will be too difficult or too expensive. Market research doesn’t have to be either and, you can do it yourself. There are two types of market research you should complete before business filing, primary and secondary. Both can be done by the small business owner on a small budget.
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Business Filing for a Non Profit Corporation
Date: Fri, May 14th, 2010 12:00:00 am | Categories: General Topics, How To
Business filing for a non-profit corporation is very similar to that of a regular corporation. There are a few extra steps in the business filing process to gain tax exemption from the IRS and your state tax division. Here are the basics:
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Understanding Promissory Notes When Forming an LLC
Date: Tue, May 11th, 2010 12:00:00 am | Categories: General Topics, How To, Loans and Financing
If you borrow start up cash when forming an LLC there are several ways to structure the repayment. A promissory note outlines the repayment terms of your loan. You will automatically be required to sign a promissory note when you borrow money from a commercial lender to form an LLC. But, it is also a good idea to sign a promissory note if you borrow money from friends or family. You want to avoid any confusion later about the terms of the money whether it was a gift or a loan, how and when it must be repaid and the rate of interest on the loan. There are several types of repayment plans, pick the one that is right for you.
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A Free Business Name Search Saves Money
Date: Sat, May 8th, 2010 12:00:00 am | Categories: General Topics, How To, Legal Matters
A free business name search can save you more than just the cost of the search. Taking advantage of a free business name search can help you avoid a potentially expensive trademark infringement.
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Forming an LLC to Protect Your Home Business
Date: Thu, May 6th, 2010 12:00:00 am | Categories: General Topics, How To
Where to house your business is one of the first decisions in forming an LLC. Before you sign a lease consider forming an LLC out of your home. Running your business out of your home can reduce start up costs and provide you with a more flexible work schedule. But, there are a few things to consider before you decide:
Does your home give you the workspace you need?
Do the zoning ordinances in your area allow for a home based business?
What type of insurance does a home business need?
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7 Steps to a Business Incorporation Filing
Date: Mon, May 3rd, 2010 12:00:00 am | Categories: General Topics, How To
A Business Incorporation filing is a large undertaking. But, it can be done if you follow seven key steps.
• Choose a business name that complies with your state laws
• Appoint your board of directors
• File Articles of Incorporation
• Write corporate bylaws
• Hold your first board of directors meeting
• Issue stock certificates
• Secure all required licenses and permits
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Incorporation Filing 101
Date: Fri, Apr 30th, 2010 12:00:00 am | Categories: General Topics, How To, Legal Matters
Incorporation filing has never been more popular with businesses as a way to protect owners from personal liability. We hear two questions related to incorporation filings that should be addressed. First, if I complete an incorporation filing, what advantages does it offer me over forming an LLC or remaining a sole proprietor? And second, if I decide to go that route, what are my options?
Incorporation filing does have some distinct advantages over forming an LLC or remaining a sole proprietor, but it’s not for everyone. So, how do you know if it is right for your needs? Let’s examine the differences between an incorporation filing, an LLC filing and simply being a sole proprietor.
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How Important is the Business Name When You Form an LLC?
Date: Mon, Apr 26th, 2010 12:00:00 am | Categories: General Topics, How To
You have created a rock solid business plan and you are ready to form an LLC. But how do you go about choosing the right name for your business? When you form an LLC, choosing the right name is about creativity and good planning. For a small business owner, choosing a name that reflects the products and services you provide, and is easy for your customer to spell and pronounce is a good place to start.
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Forming an LLC or Business Incorporation: Which One Should I Choose?
Date: Sun, Apr 25th, 2010 12:00:00 am | Categories: General Topics, How To
I can’t tell you how many conversations I hear every day that start with the question “I’m thinking about forming an LLC or maybe a business incorporation. Can you tell me which one I should do”? I really wish it was as simple as telling one person that forming an LLC is right for them and then telling the next that business incorporation is the answer, but it is way more complicated than that.
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LLC Formation Requirements, The Basics
Date: Wed, Apr 21st, 2010 12:00:00 am | Categories: General Topics, How To
Although LLC Formation rules can vary significantly by state, there are some basics that remain virtually the same everywhere. Before you tackle an LLC formation, it’s a good idea to understand these basic rules and apply them to your own situation.
In this article, we will discuss LLC naming requirements, what should be contained in articles of organization, the actual LLC filing process, organizers, operating agreements, membership, registered agents, continuing obligations and, finally, dissolution of your LLC. This is quite a bit of information however; you need to understand at least the basics of what we are discussing before you begin an LLC formation.
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Do You Know How to Form an LLC or Incorporate a Business? Know You’re Options!
Date: Fri, Apr 9th, 2010 12:00:00 am | Categories: General Topics, How To
Do You Know How to Form an LLC or Incorporate a Business? Today, I am going to discuss the three most available and popular options you have to form an LLC or incorporate a business. There are pros and cons to each of the options and I will try to simplify each one so you can make an informed decision that will work well with your goals.
Here are your options:
1. Do it yourself
2. Use an attorney
3. Use an incorporation service
Let’s start with the least expensive of the three…
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Choosing a State for Incorporating a Business
Date: Tue, Apr 6th, 2010 12:00:00 am | Categories: General Topics, How To
An important decision when incorporating a business is which state to incorporate your business in. You should ask yourself a few key questions when incorporating a business.
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How to Form an LLC
Date: Wed, Mar 10th, 2010 12:00:00 am | Categories: How To
To many business owners it may make sense to form an LLC, or limited Liability Company. An LLC is a flexible type of business that combines parts of partnership and corporate structures. By incorporating a business the owners can protect themselves with limited liability.
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All About LLC Formation and Forming an LLC
Date: Mon, Feb 1st, 2010 12:00:00 am | Categories: General Topics, How To
February 1, 2010-Nashville, TN--Forming a Limited Liability Company, also known as a LLC, can be a confusing process. About 20 years ago only a few states offered residents all LLC formation option, but in today’s business savvy economy every state allows the formation of an LLC. The rules however, differ in every state, sometimes dramatically, creating some confusion about how to form an LLC.
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