Running a Business

A Limited Liability Company (LLC) is a business arrangement created by state statute. LLCs offer members the advantage of limited personal liability for debts and actions of the company. Another...

LLC in a person's title stands for limited liability company. This means that he or she has formed a company that has the same standing under the law as a company composed of multiple parties.

Choosing a business structure is typically the first thing potential business owners think about. This step is essential, as it affects how a business is named, how and when it files taxes, and...

Sports agents are thought to have glamorous careers--a high salary, free game tickets, and the chance to personally know the hottest athletes around. Though owning a sports agency has its perks,...

Although writing an agreement for a partnership of a limited liability company seems cumbersome, it is essential for protecting your investment and rights. Without an agreement, your LLC may not...

In the transportation industry, there seems to be insurance for just about anything. Contingent liability transportation insurance is no different. The term itself sounds like something that came...

You are faced with many choices when starting a business, but one of the first pieces you'll have to put in place is the legal form of ownership. There are many things to consider with choosing...

Whether it's a last-minute gift idea for a girlfriend or a spur of the moment purchase for the kitchen table, roadside flower stands provide a variety of customers with fresh, gorgeous flowers. If...

Limited liability companies (LLCs) mix corporation and partnership features. For instance, an LLC can avoid double taxation by being taxed as a partnership; corporations often have their earnings...

If you enjoy working with your hands and happen to know a thing or two about home repair, consider starting your own contractor business. Customers want a contractor that they can trust to do the...

Does the government want to know if you're being paid to cat sit or sell hemp bracelets? It depends on which government you're talking about. The state of Arizona could care less, but the city in...

Every house, condominium and apartment building has dryer vents that need periodic cleaning---a vast market if you are looking for a business opportunity. Dryer vent cleaning offers potential to...

Small business owners are a unique breed. They are responsible for much of the innovation that arises in the economy of the US. These small businesses are often on the front line of new business...

Even if you have no culinary talent, you can earn good money in the food industry, aside from opening a restaurant or manufacturing food. Food and beverage distributors are essential in the food...

Forming your business as a limited liability company allows you to have more structure in keeping your business and personal expenses separate for tracking purposes, less paperwork than a regular...

Hair salon owners, just like any other small business owners, need adequate insurance protection. Without it, they stand the risk of losing their business in the event of unforeseen property...

Starting your own business can be a rewarding-yet-challenging endeavor. Among all of the financial planning, business models, product considerations, marketing and employee management, the...

If you are getting ready to launch your own business, you've thought about your options. You want to be able to have a business name, be recognized by the state you have your business in, protect...

A limited liability company is a popular type of legal business structure. When establishing and operating an organization, many documents are required to be legally considered a limited liability...

A recycling center is an earth-friendly, eco-conscious business venture. The green movement has proved to be more than just a trend, and most communities in this country are still in need of...

"DBA" is an acronym for "Doing Business As." Many people look to start a business on a shoe string budget; a DBA is one avenue to do so.

Should you incorporate your business? Researching this earlier rather than later can save you a lot of time and money. Incorporating definitely has its advantages, but they are not always clear...

Any limited liability partnership that was started outside of Ohio is considered to be a foreign limited liability partnership, and in order to do business in Ohio, the limited liability...

A cleaning service business is an excellent business opportunity for someone who enjoys working with their hands, moderate physical activity and working alone. Start-up costs are minimal, you can...

If you want to own and operate a business in your state, you may consider creating an LLC or limited liability company. This type of business entity can help to protect you from being personally...

A limited liability company (LLC) is a relatively new business structure that reflects both partnership and corporation theory. Unlike a sole proprietorship, an LLC creates a business entity that...

An auto detailer is a professional cleaner who cleans the interior and exterior of a variety of vehicle makes and models. Services include washing, vacuuming, shampooing, buffing, waxing and...

Do you love making your own handbags? Do others compliment you on your unique purses? Or are you just crafty on a sewing machine and looking to start your own home-based business? No matter what...

Limited liability companies (LLCs) and S corporations are popular options for forming a business in the United States because of their unique combination of liability protection and tax advantages.

Thrift stores, which specialize in selling used goods, vary greatly in quality and service, from trendy, secondhand boutiques to low-end stores. Both types appeal to a vastly different audience....

One of the most important decisions you must make when starting a business is its legal structure. The different business types can be confusing and can have an effect on your profitability. A...

A home-based, maple candy business could be an exciting and gratifying enterprise for a skilled baker. Although the food industry is heavily regulated, it doesn't take much to get your business...

A limited liability partnership (LLP), also known as a limited liability company (LLC), is midway between a partnership and a corporation on the business life cycle, and combines the limited...

When businesses form, there are a limited number of legal formations that they can operate under. There are advantages and disadvantages to each formation. A Limited Liability Company (LLC) is...

The steps to starting a faith-based corporation are the same as the steps for starting any corporation. The difference will be spelled out in the mission statement and purpose sections of your...

Business owners who carefully form their enterprises with the help of legal counsel know additional important steps must be taken before they can hang an "Open For Business" sign. The IRS needs to...

A limited liability company (LLC) is a business structure that provides the protection from personal liability of a corporation with the tax advantages of a partnership or sole proprietorship....

Screen printing is the transferring of an image in ink from a print screen onto an object. Screen printing can be used to transfer business logos and original artwork, for example, on everything...

If you run a sole proprietorship or a partnership, you and your partners are personally liable for any debts. Creditors can pursue your personal assets, such as a car or home, to fulfill your...

When starting your business, you may be classified as a partnership, corporation, LLC or a sole proprietor. Each form of business has its own advantages and disadvantages. For example,...

One of the first decisions to make when starting a business is how it should be structured. There are different implications to forming as a sole proprietor, partnership or corporation, and the...

LLC stands for a limited liability company, which is a legal type of business entity with certain kinds of characteristics that make it advantageous for some companies. The LLC structure is...

Some people are so eager to become entrepreneurs that they overlook the importance of obtaining a business license. A business license is advantageous for many reasons; often it's absolutely...

Many educational, religious, charitable and scientific not for profit organizations operate as a corporation because incorporating offers advantages that other legal business forms, such as...

Legal battles and other important decisions related to limited liability companies can be somewhat hazy when there are no guidelines to follow. With the Revised Limited Liability Company Act,...

Owning a cosmetology school can be a lucrative business for those who have extensive cosmetology experience, or the funds to hire master teachers. Careful planning will be needed to start this...

An LLC, or limited liability company, is a business structure that lies between sole proprietorship and full-blown incorporation. Each person in an LLC is called a member, and LLCs can be run by...

Business contracts can involve different forms, including implied, verbal or written. An implied contract stems from actions or understood agreements. When you drop off your clothes at a dry...

Whether you are a nail technician looking to branch out or a fashion-forward entrepreneur, starting a nail studio may be the thing for you. There is great potential in the beauty industry for...

A PLLC is a professional limited liability company, while LLC stands for limited liability company. These common legal forms of businesses provide their owners with unique benefits of both...