General Partnerships

//Tag: General Partnerships

The Accountant’s Role in Business Formation

How much do you value your accountant? If you answered “plenty!” then you’re in good company.

According to a survey* by Wasp Barcode Technologies, small business owners ranked accountants as the most important professional to their businesses. Not surprisingly, when asked how familiar the business owners are with accounting functions, most answered in the middle range. Most business owners would never attempt to file their business taxes without the help of an expert accountant, so why wouldn’t you turn to your accountant for help with business formation, too?

Most business owners hire an accountant […]

Breaking Down Business Entity Types

One of the most important steps you’ll need to make when starting your business is reviewing business entity types and deciding which one you should choose for your company. The structure you pick will affect your business from legal and tax obligation standpoints. That’s why it pays to understand the various business entity types—and the potential advantages and downsides of each.

I recommend talking with a business attorney and accounting professional for guidance. In the meantime, I’m going to share some information about the most commonly used business structures to give you a […]

How to Get an LLC License

Here at CorpNet, we are often asked how to form an LLC, also referred to as a Limited Liability Company, when wanting to start a business.

To be clear, an LLC is not a business license; as one cannot obtain an LLC license.

A Limited Liability Company (LLC) is a legal entity that bears similarities to both corporations and partnerships. An LLC is formed under specific state statutes that provide for the creation and regulation of this special type of entity that has come to be commonly used and respected in business.

An LLC can […]

2019-09-03T05:42:42+01:00August 31st, 2016|Categories: Startup and Launch|Tags: , , , , , |

Business Name Registration Or Trademark: Which Is Best?

One of the most valuable assets your business will ever have is its name. Your business name is more than what your company is called—it represents your brand’s identity and it’s a way for you to distinguish yourself from your competition. With your business name carrying that much weight, it makes sense to protect it.

As you start your business, consider these two approaches to prevent other companies from using your name and confusing your customers:

Business Name Registration

If you form an LLC or apply to incorporate a business in a state, […]

2019-09-03T05:42:54+01:00May 26th, 2016|Categories: Ongoing Management and Protection|Tags: , , , |

Fees for Forming an LLC in Colorado

Colorado is a great place to start a small business. Not only is the weather great (pleasant summers and ski-fun winters), but the business climate is appealing too. Once you start a business in Colorado, you’ll need to think about the business structure you want for your company. If you do nothing, it will be a sole proprietorship. And while that’s the easiest business structure to have, it leaves your personal assets vulnerable.

2019-09-03T05:45:21+01:00July 6th, 2015|Categories: Startup and Launch|Tags: , , , |

Registering a Business Name vs Trademarking a Business Name

You spend time coming up with the perfect name for your business...only to find someone else decides to use it right after you open your company. With another business with the same or similar name in town, your customers are getting confused, and you start losing sales. It happens to many entrepreneurs, and it’s completely preventable. There are two strategies you can use to protect your business name: registering a business name and trademarking a business name. We’ll look at both so you know which is the best fit for your company.

2019-09-03T05:45:22+01:00June 29th, 2015|Categories: Startup and Launch|Tags: , |

New York Articles of Organization: How to Best File Your LLC

If you’ve decided to form an LLC in New York, you’ll need to file your Articles of Organization, as per Section 203 of the New York State Limited Liability Company Law. To file those Articles of Organization, you have several options: You can file them yourself with the State of New York You can work with a business filing service like CorpNet You can hire a lawyer to help

2019-09-03T05:45:31+01:00May 13th, 2015|Categories: Startup and Launch|Tags: , |

Florida LLC Fees and What You Need to Know

So you’ve decided that forming an LLC in Florida is the best move for your small business. Congratulations! The LLC is preferred by many small business owners because it serves as a kind of hybrid business structure: it’s got the best features of corporations, combined with those of limited partnerships. Best of all? The LLC protects your personal assets and creates a legal separation between you and the business.

2019-09-03T05:45:33+01:00May 6th, 2015|Categories: Startup and Launch|Tags: , |