3 Key Mistakes to Avoid While Setting Up an LLC

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Many small business owners will choose to structure their new business as a limited liability company (LLC). The LLC is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. LLCs share many of the same qualities as an S-Corp or C-Corp while enjoying … Continue reading →

4 Reasons to Start an LLC

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If you’re just starting a business or even if you’ve been in business for several years operating as a sole proprietor, forming a limited liability company (LLC) may be the best business decision you make.     You may be wondering what an LLC is and what are the advantages to forming this special legal structure. … Continue reading →

How to Start a Corporation

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If you’re looking to start corporation or have been operating as a sole proprietor, you’ve probably been wondering if you should start corporation or form a limited liability company. The answer is yes. There are many advantages to forming an LLC or corporation such as asset protection, tax savings, and limiting your personal liability. But … Continue reading →

5 Reasons You Need a Record Book

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So you just started a business and now someone is telling you that you need a record book.  But why?  What is a record book and honestly, does it even really matter? The truth is, yes it does.  Many entrepreneurs overlook the importance of keeping updated records after the entity is initially formed.  However, understanding … Continue reading →

LLC vs Inc. Differences

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If you’ve ever considered starting a business, then you know that selecting the type of entity can be very confusing.  When you’re new to entrepreneurship, it can feel overwhelming as you research and try to understand entity structures. And while there are many entity options, it usually comes down to LLC vs. Corporation. So, the … Continue reading →