Startup vs Acquisition – Which is Best?

You may have your heart set on a startup.  Many bright, hard-working people do.  However, while you’re exploring how to go about launching your own startup, you may

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How to Raise Capital to Start a Business

There are several ways to raise capital for your startup or more mature business — so many, in fact, that the options can seem overwhelming and confusing. This

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Starting a Business Checklist

This post includes our comprehensive starting a business checklist for you to follow as you launch your startup.   Download your Roadmap to Your Startup here. It includes the

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How to Pay Yourself as a Business Owner

In this post, I will be addressing how to pay yourself as a business owner and these related subjects:  Business owner compensation overview Why does Reasonable Compensation of

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Buy-Sell Agreement Definition

A buy-sell agreement is a legally-binding agreement between two co-owners that governs any situation in which one co-owner dies, chooses to leave the business, is incapacitated, faces divorce,

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How to Set Up Various Types of Business Entities

When you are starting or expanding a business, there are multiple business entity structures available. Separate business entity structures include C corporations, S corporations, Limited Liability Companies (LLCs),

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Employee vs. Independent Contractor: Which is Right For My Business?

According to the Fair Labor Standards Act there is a distinct difference between an employee vs. independent contractor.  This difference lies mainly in the way they are paid

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What is a DBA: Definition, Benefits & Limitations

In part 2 of this series, we discussed how to incorporate multiple businesses under a single “umbrella” LLC, Corporation or Partnership by filing multiple DBAs or fictitious business

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Legal Structure of a Business

If you are thinking about starting a business, or if you’re a serial entrepreneur adding a new line of business, one of the first things you’ll have to

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Employee Documents Checklist You Need for Your Business

When you started your small business, you were advised to develop a business plan. Doing so would allow you to capture in writing the purpose of your business

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