Structuring Articles

  • istock_000033106874small.jpg

    How to Financially Protect Yourself When Buying a Business

    by on January 30, 2015

    Buying an existing company can be a great way to go into business for yourself. A solid business will likely come with an established customer base, employees who are already trained, operational systems in place, and positive cash flow and profit. But unless …

    Read » Views: 82
  • istock_000006063193small.jpg

    5 Reasons to Move from Being a Freelancer to a Business Owner

    by on January 22, 2015

    While freelancing remains a great way to dip your toes into the world of small-business ownership, the marketplace is getting much more crowded. In fact, 34 percent of the U.S. workforce identify themselves as freelancers – which doesn’t make it any easi…

    Read » Views: 334
  • separate accounts

    How — and Why — to Keep Your Business and Personal Accounts Separate

    by on November 6, 2014

    If you own a small business, you may be tempted to commingle your business and personal accounts, but doing so may bring some unwanted consequences. The way to avoid this is to form a separate financial identity for your business, and never tap those accounts …

    Read » Views: 2,243
  • 2014_7_14-small-AM-How_to_Form_A_Limited_Liability_Partnerhip

    How to Form a Limited Liability Partnership

    by on June 25, 2014

    A Limited Liability Partnership (LLP) is essentially a combination of General Partnerships (GPs) and Limited Partnership (LPs).
    Like a General Partnership, Limited Liability …

    Read » Views: 1,598
  • 2014_7_14-small-AM-How_to_Start_a_Limited_Partnership

    How to Start a Limited Partnership

    by on June 25, 2014

    While similar to General Partnerships (GPs), Limited Partnerships (LPs) have some distinct advantages. A General Partnership is a for-profit venture of at least two partners who share management duties. General Partners share profits and bear the responsibilit…

    Read » Views: 1,500
  • 2014_7_14-small-AM-Forming_a_Partnership_A_Step_by_Step_Guide

    Forming a Partnership: A Step-by-Step Guide

    by on June 25, 2014

    1. Choose A Name for the Business Partnership
    Choosing a name for your new partnership is a very important task. This is the name that will represent your firm’s services to the world. With that in mind, the name of your partnership should reflect something…

    Read » Views: 1,418
  • 2014_7_14-small-AM-10_Steps_to_Start_An_LLC

    10 Steps to Start an LLC

    by on June 25, 2014

    A Limited Liability Company (LLC) combines the liability protection of a corporation and the flexible business options of a partnership.
    There are many pros and cons of an LLC, but for those who have already decided it’s the best path for their busin…

    Read » Views: 2,281
  • 2014_7_14-small-AM-Form_An_S_Corporation_in_4_Steps

    Form an S Corporation in 4 Steps

    by on June 25, 2014

    An S Corporation is essentially a regular corporation that has applied for “S Corporation” tax status. It provides protection against personal liability while allowing you to pay income taxes based on your individual tax returns, thus avoiding the “doubl…

    Read » Views: 1,964