. Can business owners file for unemployment? This is an unfortunate question to have to ask, but the unfortunate reality is that not every LLC survives. This has always been a concern for small business owners, but the coronavirus pandemic brought this reality into sharp focus. 2020 forced many business owners to scramble to keep … Continue reading →
Category: Frequently Asked Question
DBA vs LLC: Which is Best For Your Small Business
. After coming up with an awesome business idea, a great business name, and a solid business plan, it’s easy to get stuck wondering which business structure is best. There are many business types to choose from, but often times the choice comes down between a DBA or LLC. In this post, we’ll not only … Continue reading →
5 Ways to Get Noticed at Work and Promoted
. Most people think that the key to getting noticed at work and eventually promoted is to consistently do their job well. While this is CRUCIAL, it’s not enough. If you work at super small company with colleagues who don’t take their job seriously, yes…upper management will probably take notice. But the chances of being … Continue reading →
F.A.Q: What are the advantages of forming an LLC for tax reasons?
There are many tax benefits that can be achieved by forming an LLC. Some major benefits include: Flexibility: LLCs can decide how they are taxed. For example, you can choose whether it is better to file your taxes as a disregarded entity (which is treated the same as a sole proprietor) or to choose corporate … Continue reading →
F.A.Q: What are the advantages and disadvantages of an LLC?
The main advantage of forming an LLC is to limit personal liability because LLCs have their own existence. Other advantages of an LLC include the following: –LLCs can be governed informally. They do not require a board of directors, meetings, quorums, minute keeping, and other management formalities. –LLCs have flexibility in deciding how to split … Continue reading →
