Selling Your Small Business: What You Should Know
Determining whether to start a business is a major life decision. For small business owners, deciding when and how to sell the business is arguably even more consequential. Before selling …
Key Considerations for Noncompete Agreements
Companies grow by investing time and money in various resources, including their employees. Yet business owners are often anxious about losing their investment, i.e., the time they spend training new …
Strategies for Protecting Your Business’s Intellectual Property
Before launching a business, entrepreneurs spend a substantial amount of time and money researching and developing their products or services. You may have worked with graphic designers and a marketing …
Risky Business: Piercing the Veil and How It Puts Your Business at Risk
When you create a limited liability company (LLC) or a corporation, the concept of limited liability is one of the key rationales for those entity choices. Limited liability is typically …
Why Your LLC Needs an Operating Agreement
Congratulations! You have decided to form a limited liability company (LLC) to run your business. After completing your state formation process, your LLC needs to have the right documentation in …
How to Move a Business to Another State
A business owner may relocate a business to another state for a variety of reasons, including increased real estate costs, property taxes, business taxes, or business regulations in the old …
Considerations for Forming a Limited Liability Company for Real Estate
For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out as an investor in real estate, …
What Records Do Small Businesses Need to Keep for Taxes?
Written by Allison Kierman and Jeff Chirico Tax season is just around the corner, so now is a great time to make sure that you are retaining all the documentation …
Understanding How LLC Members Pay Taxes
Written by Allison Kierman and Jeff Chirico Limited liability companies (LLCs) are one of the most popular types of business entities. The LLC’s flexible taxation options are one reason it …
Small Business Owner Considerations for Filing Business Taxes
Written by Allison Kierman and Jeff Chirico For most entrepreneurs, handling business taxes is a daunting but necessary task. The complexities of tax preparation often lead business owners to procrastinate …