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Posts tagged "Business Formation"

What should I include in my LLC's operating agreement?

If you've looked into incorporating your business as a limited liability company (LLC), then you've likely heard the terminology "operating agreement" (OA). It's serves a similar role to a corporation's bylaws. It's the document used to enumerate the different LLC owners' business arrangements with one another as well as the procedures that they intend to follow in operating their business.

How should I select a business partner?

Choosing a business partner is a bit like choosing your spouse. And like an unhappy marriage, if you make the wrong choice, you can set yourself up for failure. If you want to stick it out for the long run, you should select someone whose skill set complements your own and with whom you are comfortable working.

Considering An S Corporation? This Information May Help

Choosing the type of business entity that will work best for your company can be a confusing and frustrating process. With so many choices, it can be challenging to know which one will give you the most bang for your buck while also allowing your business to thrive.

Why is it so important to have a unique business name?

When you're starting a new company, it's important to take time to check all of the legal boxes, which includes registering your business name. The state wants to know what name you're operating under, who owns the company and things of this nature.

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