Sole Proprietorship

//Tag: Sole Proprietorship

Webinars About How to Choose the Right Business Entity

Wondering how to choose the right business entity? Consider watching these webinars to learn about the pros and cons of various business structures.

How to Start an Amazon Business

Entrepreneurs and startups have recently become very unclear about how to start an Amazon business because the responsibility of online sellers to collect and remit sales tax has been an issue under debate for quite some time.

Entrepreneurs who have brick-and-mortar stores in jurisdictions that have enacted sales tax clearly must add state (and sometimes local) sales tax to customer’s bills when selling taxable goods. And then send they must send those funds to the proper tax authorities.

But what if you sell your products online to customers in other states? The rules haven’t […]

Start a Business Checklist for a Home Based Business

Knowing your how to start a business checklist for a home based business may sound simple to most people. With no need to rent or buy office space and worry about setting up workstations for employees, how tough can it be, right?

Well, although setting up shop at home offers some degree of simplicity, business owners who work out of their homes still face some of the same legal considerations companies with dedicated places of business do on how to start a business from home.

If you’re contemplating about launching a business and how […]

2019-09-03T05:40:43+01:00November 27th, 2018|Categories: Startup and Launch|Tags: , , , , , |

Sole Proprietor vs. LLC

If you’re the sole owner of a business, you may have pondered the question: “Should I operate as a sole proprietor or a single member LLC?”

Decisions, decisions! So what else is new when running a business, right?

There are always choices to make—and deciding which business entity type will be right for your company is one not to be made lightly.

The type of business structure you choose will have legal and financial implications. It will also affect the time you spend on efforts to keep your business compliant with whatever rules must be […]

2019-09-03T05:40:45+01:00October 2nd, 2018|Categories: Startup and Launch|Tags: , |

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 […]