Managing to turn your passion into a business in no small feat. While it may be tempting to relax a bit once you’ve started landing clients, the reality is your job has just begun. After all, we all know that making money is crucial to the success of your business....
So your business is no longer just a hobby but an actual, ongoing moneymaking venture. Congratulations! But you’ve got some homework: deciding what type of business entity you would like to form under your state’s business laws. “Wait, what if I’m not ready or even...
If you are a potential franchisee considering investing in a franchise, one key step in your due diligence is will be to receive and review the Franchise Disclosure Document, or FDD. The purpose of the FDD is to give you an informed understanding of the risks,...
There are a number of reasons to form an LLC, S-Corp, or other corporate form, but one of the biggest reasons is right there in the first two initials of an LLC: Limited Liability. By creating an LLC or similar corporate formation for your business, you can prevent...
A business partnership is like a marriage in a lot of ways. You and your business partners joined together because you had a common purpose that you both found worth pursuing for your mutual benefit. And, like a marriage, your partnership means you have rights but...
