Adding a member to your LLC is a big step in the growth of your business. Perhaps your looking to gain a partner in the business. Or you have an investor ready to invest cash to help it grow and expand. Or perhaps you have a dedicated employee who you liked to reward or recognized for their years of hard work. Don’t take this process lightly. There are many legal and tax consequences to contend with if not done correctly….
At the beginning of the new year, it’s a good idea to take stock in your business see what you’ve done well, and what can be improved on. Make a plan and make adjustments. Give your business every opportunity to grow to its fullest potential. Also, its a great time to review your existing documents and contracts to keep them up-to-date an ensure they are current. Lastly, I’ve included some ideas to save you some money in the upcoming year….
Home-based businesses are part of the American entrepreneurial spirit. Disney, Apple, Microsoft, Google, and Amazon are just a handful of companies which got their start in a garage. If you’re thinking about starting a home-based business, use the guide below to assist you before investing your time, money and effort, in your new venture. Even if your home-based business has been up and running a while, use the guide to give your business a quick audit. Choose Business Entity One…
They’re in almost every contract. In boilerplate. Written in legalese, making it worse. Glazing over your eyes from reading and trying to make sense of the parties to the contract, their obligations, and responsibilities. Peppered throughout, but more heavily at the end when you’ve read enough, there’s these handful of terms you’ve seen before in boilerplate. So instead of reading them carefully, and paying close attention you skim. A single change to these boilerplate clauses can have significant impacts to…
If you work in a school, have a student, or an adult student; I urge you to seriously consider getting your estate plan together. Since I’ve worked in the public school system as a teacher; I know they are some of the germiest places on earth. To keep healthy while I was teaching, I used at least a half a dozen different ways to “high five” students without ever touching them. Kids get germs from school. They’re going back to…