Startup and Launch

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Startup and Launch

Are you considering launching a new business? If so our startup and launch articles are an ideal resource for you to dig into and educate yourself. Our blog posts cover everything from selecting the best type of business entity to knowing what state you should incorporate in. Don’t make unnecessary mistakes! Let our startup experts get you headed in the right direction.

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|

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|

C Corporation vs. S Corporation

If you have your sights set on incorporating your business, you may be wondering if a C Corporation or S Corporation is the better option. While both are popular choices, nuances exist that may make one or the other more advantageous for your situation. The business structure you choose will affect your company in many ways, […]

2021-11-01T08:15:01-07:00November 1st, 2021|Categories: Startup and Launch|

S Corporation vs. LLC

Limited liability companies (LLCs) and S Corporations are business structures that provide liability protection for business owners and allow for pass-through tax treatment. While they have those things (and some others) in common, they differ in several ways, too. If you’re starting a business or considering changing a sole proprietorship or general partnership to an […]

2021-10-14T06:38:20-07:00October 14th, 2021|Categories: Startup and Launch|

Where to Form an LLC for an Online Business

When a limited liability company (LLC) has a physical location, owners usually register their business in their home state because that’s typically where they conduct most of their business. But what about forming an LLC for an online business? Having an online company provides some flexibility when selecting a domicile (home) state. Of course, that […]

2021-09-27T08:47:09-07:00September 27th, 2021|Categories: Startup and Launch|

Which LLC Is Right for Me?

Just as there are flavors of ice cream, different varieties of the LLC business structure exist, too. The ideal option for a company may depend on a business’s industry, type of commercial activities, number of owners, and even an owners’ professional credentials.

On the CorpNet website, we offer a tool to help entrepreneurs zero in […]

2021-08-10T08:42:25-07:00August 10th, 2021|Categories: Startup and Launch|

Tax Registration: What Your Business Needs to Know

Tax Form iPad CalculatorWhether you’re a business accountant serving entrepreneurs or you’re a business owner, it’s critical to understand sales and employment tax registration and ongoing requirements. Federal payroll taxes are the same no matter where a business is located, but state employment taxes and sales taxes differ […]

2021-08-04T11:13:15-07:00August 4th, 2021|Categories: Startup and Launch|

Professional Corporation Vs. Professional LLC

A professional corporation and a professional LLC are business entities that licensed professionals may wish, or be required, to form.

Generally, professions that form professional LLCs or professional corporations include:

  • Attorneys and law firms
  • Accountants and CPAs
  • Physicians
  • Engineers
  • Architects
  • Psychologists
  • Chiropractors
  • Dentists
  • Veterinarians
  • Social workers
  • Real estate agents

In this article, I’ll explain some of the […]

2021-06-17T14:26:19-07:00June 17th, 2021|Categories: Startup and Launch|
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