When considering whether to form a corporation or a limited liability company (LLC), don't be confused by the term foreign qualification. Most of us, when we hear "foreign," think of something ... |
When a corporation or a limited liability company (LLC) is transacting business in a state or states other than its state of formation, the company is required to foreign qualify in those states. ... |
When forming your business as a corporation or limited liability company (LLC), you will need to select a registered agent. Virtually all states require corporations and LLCs that are formed or ... |
A nonprofit corporation is an organization formed as a corporation for purposes other than generating a profit, and in which no part of the organization's income is distributed to its directors or ... |
Most people start a business because they want to accomplish something or make money for themselves (usually both). But what if you want to do this for someone or some thing other than yourself? ... |
In some situations, you may want to operate your business under a different name than the one on your articles of formation or other filings. Typically, this is most true for sole proprietorships ... |
Starting a small business takes a lot of courage. But, as they say, courage doesn't pay the bills. To be successful — to stay in business — you need more than courage. You need a ... |
In the U.S., it's estimated that only about 30 percent of all startups are still in business after five years. The better you prepare yourself and understand the challenges ahead of you, the more ... |
Owning a small business is not just another job. It's a totally different lifestyle. You have to ask yourself whether you're ready for a complete commitment to the success of your business. Just as ... |
If you're currently employed, you have first-hand knowledge of what it's like to be an employee. If you think going into business for yourself will mostly mean doing the same thing, but for yourself, ... |
