When forming an LLC (Limited Liability Company), you have options for how you want to manage your company. With summer here, I’m going to break down your choices in a way we can all relate to as we’re looking for ways to keep cool: ice cream!
Your business name is without question one of the most important assets you’ll ever own. While protecting it by registering it with your state offers some peace of mind, securing a trademark provides even more protection.
If you’re a solo entrepreneur (a.k.a. “solopreneur”), you have a lot on your plate. With the buck stopping with you on every last thing, you single-handedly manage the strategy and tactics of all aspects of your business. Indeed, working as a solopreneur deserves some serious kudos! For the sake of keeping legal obligations as uncomplicated as possible, many solopreneurs start…
Your business name carries a lot of weight; it’s an important part of your brand’s identity and it helps distinguish you from your competition. That makes it an asset well worth protecting, don’t you think? After working so hard to start and build your business, you certainly don’t need another company hijacking it or using a name that’s deceptively similar.
If your business is registered as a Limited Liability Company (LLC) or a C Corporation, you have some flexibility in how your business income is taxed. With the option of filing IRS Form 2553 to get S Corporation tax treatment, you might be able to decrease the tax dollars you’re obligated to hand over to Uncle Sam.
Among the many decisions you need to make as a new business owner, one is choosing the business structure for your company. You may think simple is better—especially when you’re feeling overwhelmed with all there is to do to launch your business. As someone who has started several businesses, I understand why traveling the least complicated path may look most…
One of the first—and most important—decisions you’ll need to make as an entrepreneur is choosing a name for your business. As a distinguishing factor that sets you apart from your competitors, your business name can affect how potential customers perceive your startup. It can be an extremely valuable component in your branding efforts.