Nellie Akalp

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Nellie Akalp

About Nellie Akalp

Nellie Akalp is an entrepreneur, small business expert, speaker, and mother of four amazing kids. As CEO of, she has helped more than half a million entrepreneurs launch their businesses. Akalp is nationally recognized as one of the most prominent experts on small business legal matters, contributing frequently to outlets like Entrepreneur, Forbes, Huffington Post, Mashable, and Fox Small Business. A passionate entrepreneur herself, Akalp is committed to helping others take the reigns and dive into small business ownership. Through her public speaking, media appearances, and frequent blogging, she has developed a strong following within the small business community and has been honored as a Small Business Influencer Champion three years in a row.

Registered Business Name Vs. Trademark

One of the first decisions new entrepreneurs make is “What should I name my business?” A lot of brand equity gets built around a business name, so it’s essential to protect that valuable marketing asset. During a presentation to accounting professionals, I discussed trademarks vs. registered business names and the differences in the protection and […]

2022-01-25T07:15:53-08:00January 25th, 2022|Categories: Ongoing Management and Protection|

Expanding a Small Business to Another State: What You Need to Know

Extending your small business’s presence across state lines can help your company reach new markets, grow revenue, and boost profits. But how do you expand a small business into another state? And what’s involved in operating a business in multiple states?

There are some filing requirements to operate in other states legally and tax-related considerations that […]

2022-01-10T07:11:54-08:00January 10th, 2022|Categories: Growth and Expansion|

10 Legal Documents You Must Have to Start a Small Business

If starting a new business is on your 2022 New Year’s resolution list, we’re here to help you begin on the right (and legal) path.

Here are 10 must-have legal documents you need to start a new business.

1. Business Plan

Technically, a business plan is not a “legal” document, nor is it required to start a business, […]

2022-01-05T05:23:57-08:00January 5th, 2022|Categories: Ongoing Management and Protection|

How Do LLC Owners Get Paid?

As a small business owner, how you pay yourself depends on your business’s legal structure and how you elect to pay taxes. The Limited Liability Company (LLC) is a popular legal entity offering liability protection to its owners (called members), simple compliance requirements, and tax flexibility. In fact, tax flexibility is one of the reasons […]

2021-12-21T06:26:42-08:00December 21st, 2021|Categories: Ongoing Management and Protection|

How to Draft Meeting Minutes in the New Year

Along with other annual business compliance responsibilities, corporations (and sometimes LLCs) must hold various meetings and record minutes from those meetings. With the new year ahead, new entrepreneurs and existing business owners need to make sure they understand their responsibility to hold annual meetings and draft meeting minutes.

Meetings that Require Keeping Minutes

  • Corporate annual shareholder […]
2021-12-13T09:59:03-08:00December 13th, 2021|Categories: Ongoing Management and Protection|

DBA vs. LLC: What’s the Difference?

Do you need a DBA or LLC? While that question may sound like an alphabetically infused riddle, it is an important question many new business owners ask.

Fortunately, the answer to that question is not puzzling after you have some basic information about what those acronyms mean and how they may impact a business. And that’s […]

2021-12-06T07:21:55-08:00December 6th, 2021|Categories: Startup and Launch|

How Often Does an LLC Pay Taxes?

If you’re considering starting a Limited Liability Company (LLC) or restructuring your business as an LLC, it’s important to know how often an LLC pays taxes and how to file business taxes for an LLC. As an LLC, your company benefits from receiving personal liability protection without the compliance formalities required of a C Corporation. […]

2021-12-01T11:07:58-08:00December 1st, 2021|Categories: Ongoing Management and Protection|

LLC’s: Best Biz Structure to ‘House’ Multiple Properties

With any property, there are inherent liabilities — from a broken balcony railing to old electrical wiring or mold. The LLC forms a wall that shields individual owners from personal liability. If sued by a tenant or guest, the defendant is the LLC, not you. And the judgment can be collected only from the LLC's assets, and not from your own personal assets.

2021-11-30T12:15:30-08:00November 30th, 2021|Categories: Startup and Launch|

Is an LLC a Corporation?

Many entrepreneurs wonder if an LLC is a corporation. An LLC is not the same thing as a corporation, but it’s easy to get the two business entity types confused. In this article, I’ll explain the difference and highlight some of the advantages these structures have over unregistered entities.

Limited Liability Companies and corporations are both […]

2021-11-15T09:48:15-08:00November 15th, 2021|Categories: Startup and Launch|
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