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.

LLC vs. PLLC: Which Structure is Right for Your Business?

Choosing the appropriate business structure for your company is complicated. For attorneys, physicians, accountants, architects, and some other licensed professionals, there are extra factors to consider. Professionals who want liability protection and flexibility...

Businesswoman with question mark

Understanding the Various Types of Nonprofits

What Is a Nonprofit? A nonprofit organization is created to fulfill a charitable, civic, religious, scientific, literary, or educational goal. Nonprofits do not have private owners, nor do they issue stock or pay dividends to shareholders. Aside from founders or...

Foundation Sign Behind Business Woman Speaking

Basic Tips for Building Business Credit

A business entity can have its own business credit record and score. Lenders, suppliers, vendors, and even potential customers might check a company’s credit score (which is publicly available) before providing funding or doing business with the company. Business...

Credit Card Close Up

How to Start a Marijuana Business in California

With the legalization of marijuana for adult recreational use in California, it’s an exciting time for the state’s business community. The new law brings many opportunities for entrepreneurs interested in producing and selling cannabis and cannabis products....

Cannabis Products at Dispensary

How to Apply for an EIN if You’re Not a United States Citizen

An EIN (Employer Identification Number), also known as Federal Tax ID Number, is a 9-digit number issued by the IRS that the United States federal government uses to identify a business for tax purposes. Every business with employees or registered in the U.S. as a...

EIN Application

Do I Need a New EIN?

If you already have an employer identification number (EIN) for your business but have recently made some changes, you may be wondering, “Do I need a new EIN?” Depending on the type of business entity and the circumstances, the IRS may require you to apply for a...

Employer Identification Number (EIN) written on legal document

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...

Cartoon Man Comparing Positive and Negative

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.

Mini Houses on Stacks of Coins

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...

Question Marks

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...

Woman Using Hands to Show a Comparison

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....

LLC and S Corp Balanced

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...

Woman Shipping Product for Online Store

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....

LLC Letters Built Out of Cubes

Tax Registration: What Your Business Needs to Know

Whether 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...

Tax Form iPad Calculator

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...

Headshots of Six Professional Business People

Fathers Know Best: Entrepreneurial Dads Share Their Business Wisdom

Some people are lucky enough to grow up in an entrepreneurial family. I am one of the lucky ones. I learned so much from working with my grandfather at his small businesses when I was younger. I mean, what could be better than working at an ice cream store?...

Nellie, Phil, and Kids

As a Business Owner, Can I Have Multiple LLCs?

Once entrepreneurs taste what it's like to be their own boss and carve their own career path, some decide to pursue starting multiple businesses. Depending on the situation, owning multiple Limited Liability Companies (LLCs) might make sense. Which leads to the...

Cartoon Street of Businesses

What is a Business Statement of Purpose for an LLC or Corporation?

When starting a limited liability company or corporation, businesses in most states must provide a written statement of business purpose in their formation documents (articles of incorporation or articles of organization). The business purpose statement describes...

Vintage Typewriter With Paper

How Do I Legally Protect My Side Hustle?

Most everyone could do with a little more cash these days, and a side hustle is a great way to keep your “day job” or core business and still make extra income. But what happens when your side hustle gains traction, and you want to make sure it is legally...

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