Unveiling Small Business Power: Pairing a DBA with Your LLC for Business Triumphs. If you are starting a small business, you want to make the best decisions to help your business succeed. One of your main considerations should be whether you will register your business as a limited liability company (LLC) or as a “doing [...]
Small business tax planning can cause a headache. If this is your first year preparing for small business tax filing, you may be looking for tips on small business taxes for beginners. Perhaps you have owned your business for years, but you still need some helpful small business tax advice. Even if you have a small business [...]
Debt Negotiations Here are things to consider during debt settlement negotiations: The circumstances causing the debtor to default on their obligation An appropriate opening lump sum offer and your bottom line number The broader terms and conditions of the settlement agreement What paperwork you should have the debtor sign after a successful negotiation The negotiation [...]
Affordable Legal Advice for Ride Share & Delivery Drivers As an independent contractor, it’s up to you to protect your driving record and maintain a safe vehicle. If you get a speeding ticket or are involved in an accident, the company you drive for will not provide legal advice or representation. You’re on your own. [...]
The Difference Between Permits and Licenses While similar, licenses and permits are different. Understanding the differences between the two is the first step in identifying the permits your business needs. Licenses tend to be general and apply to activities that require competence, such as offering medical services or building homes. Licenses are often awarded after [...]
A DBA (sometimes called a fictitious or assumed name) lets sole proprietors and formal business entities conduct business under a name that is different than their legal name. Sole proprietors must file a DBA if they want to get a separate business bank account. A DBA may work better for marketing and branding than using [...]
Small Business Debt Collection Seeking outside help is often the last resort for those looking to resolve an issue in their business. In the case of debt collection, hiring an attorney, or working with a debt collection agency may seem to defeat the purpose of what you hope to achieve. When you’re trying to collect what [...]
The business structure you select influences the paperwork you need to file, your ability to raise money, how much you pay in taxes, your personal liability and more. You want to choose carefully. Launch Your New Business for Success While you may convert to a different business structure in the future, there may be restrictions [...]
An operating agreement, one of an LLC’s (limited liability company) most important legal documents, should be one of the first documents you create when you form your LLC. So, does an operating agreement need to be notarized? Drumroll please . . . the answer is: no! Just because it’s a legal document doesn’t mean that it needs to [...]
Consultant’s Corner: Hiring Your First Employee By Bill Wortman | January 22, 2020 Updated January 2020 Question: I’m growing and am thinking about hiring my first employee. What should I do? When growing a business, entrepreneurs typically reach a point in the process where they must consider the prospect of adding staff. There are several important things to [...]
I received an e-mail that appeared to come from American Express. The sending e-mail address was amex_alerts@tx.gov. I thought it was strange that American Express was using a Texas state URL address and did some investing. Here is what I found: https://www.inc.com/joseph-steinberg/american-express-users-beware-this-scam.html
Think about what you’re asking the customer to do when you send them a survey. Let’s say you own a restaurant. On the way in, you want your customers to be greeted warmly before enjoying great food and friendly service. At the end of their meal, you want them to experience genuine appreciation as they [...]
By Deborah Sweeney | October 29, 2019 One aspect of entrepreneurship that is not often discussed is that the legal entity formed for a business at its offset does not need to be its formation forever. Entrepreneurs have the option to change structures that best fit their needs, and many begin as sole proprietors. For those that [...]
