A single-member LLC is one of the most common structures for small businesses that operate with just one person at the lead. Yet, there are times when you may want to change the structure of your limited liability company (LLC) to include more than one owner. You can learn how to add an owner to…
Business owners may want to dissolve their business for a variety of reasons. Some businesses form with a specific timeline for closure in mind. Other businesses are formed to address a particular need; once that need is met, the company is no longer necessary. Other businesses become financially unstable or are no longer profitable and,…
The first step in starting any business is formally forming that business. For many forms of businesses, such as a limited liability company (LLC) or the various forms of corporations, this occurs via registration. So, you have taken that first step and registered that business, what comes next? I Just Formed an LLC, Now What? …
The simple answer is no, you do not need to form an LLC to sell on Amazon. However, depending on your type of business and your needs there may be some benefits to forming an LLC. Selling on Amazon The vast majority of people have ordered something from Amazon at some point in their life,…
A ton of busy work goes into registering a business. With so much going on, future business owners may be unaware of some essential items needed before getting started. Whether you’re forming a corporation or an LLC, you must have a registered agent, a person or a service appointed by the business owner to receive…
An LLC, corporations, partnerships, and a sole proprietorship are all different types of business legal structures with unique methods of formation, liability, and taxation. A limited liability company, or LLC, is a popular type of legal entity that can be granted to a business since, an LLC combines attributes from a sole proprietorship and a…
Whether you’re just starting out or have been in business for over ten years and looking to grow your business, it may be time to take out a business loan to give your business the influx of cash it needs to be successful. If you’re wondering how to prepare for a business loan, we’ve prepared…
As more shoppers turn to the internet to purchase items ranging from groceries to furniture, there’s no better time to get in the game by setting up an online store. However, most business owners—especially those of us who aren’t comfortable with technology—look at the blank canvas before us and begin to panic. Fortunately, if you…
If you have begun the process of starting your own business, then you’ve likely experienced the receipt length list of tasks you need to complete to get your business off the ground. While it’s tempting and sometimes necessary, shorten the list, setting up how to manage your business finances is one task you should not…
If you have decided to start a Limited Liability Company (LLC), an operating agreement is crucial to help you establish the rules and structure of your business. While the main purpose of an LLC operating agreement is to delegate the rights and responsibilities amongst joint owners, even a single-member LLC benefits from an operating agreement.…
