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Running a Business / Compliance

How Do I Write a Business Partnership Agreement?

When entering into a business partnership, it's essential to create a Partnership Agreement contract, which defines all the terms and conditions of Read more...

How Are LLCs Taxed?

If more than one person is involved in the creation of the LLC, then it is presumed to be a partnership LLC when it comes to federal tax purposes. The IRS Read more...

Can I Add a Provision Governing the Breaking of the Contract?

Yes, termination clauses are often included in business contracts to include information about what to do if either party needs to break the contract. Read more...

How Does a Business Contract Help Business?

A business contract will allow all involved parties to describe obligations and establish responsibilities. A clear, concise document that explains Read more...

How Do I Find the Best Employees for My Small Business?

How Do I Write a Job Description? It’s important to include the skills, demands and qualifications. You should also mention anything unique about Read more...

How Can I Be Sure My Contract Is Valid?

Generally speaking, no one can say with complete certainty that any given contract is without fault; however, having a lawyer review the final document is Read more...

What Is Limited Liability?

Limited liability refers to the protection of personal assets from business debts. For example, if your company went bankrupt, you would lose your Read more...

What Does LLC Mean?

LLC is short for limited liability company. It's a type of legal business entity that was developed to provide business owners with a lower level of Read more...

What Are Angel Investors?

This type of investor is typically an entrepreneur who has enough wealth to invest very early in the financing process. Angel investors invest in Read more...

Can I Change My Business Entity to or from an LLC?

Changing business entity depends entirely on your state. Many states offer statutory conversion which is a simplified way to change your business’ Read more...

How Do LLCs Compare to Other Business Entities?

LLCs offer the same protections as S and C corporations, while providing much more flexibility, but they are not always the best choice. LLCs may not Read more...

What Are Personal Investors?

Your friends and family may be willing to lend you the cash to start a business, and you may be willing to take it. But think twice before heading in this Read more...

What Is Double Taxation?

Double taxation refers to paying personal taxes on revenue already taxed at the corporate level. The prospect of double taxation daunting, but it is an Read more...

What Are the Basics for Writing Business Contracts?

We can help you write your own business contract with our step-by-step instructions. But here's a primer for what will be in there.   The first Read more...

When Might a Business Contract Be Needed?

As an individual or small business owner, you might have a specific need for a business contract when: Entering a partnership or joint venture Buying or Read more...

What Are the Types of Limited Liability Entities?

Limited liability companies (LLCs,) limited liability partnerships (LLPs,) and traditional corporations such as S and C Corps all afford limited liability Read more...

What Is the IPO Process?

A startup must go through specific steps in the IPO process. The steps, outlined by Investopedia, include:   The company hires an investment bank.A Read more...

What Is an IPO?

The U.S. Securities and Exchange Commission defines IPO as initial public offering, the first time when a company sells its shares to the general public. Read more...

What Is a Private Stock Offering?

A private stock offering, sometimes called a private placement, is when you sell securities in your business without an initial public offering (IPO). In Read more...

What Are Venture Capitalists?

Venture capitalists are individuals, or groups, that invest in early funding rounds. Compared to angel investors, venture capitalists typically invest Read more...

How Do I Get Started With Peer-to-Peer Lending?

Peer-to-peer lending steps, shared by the Small Business Administration, include: Have a plan. Make sure to include what you find out from market research, Read more...

What Is Peer-to-Peer Lending?

Peer-to-peer lending lets people list projects online for consideration by potential investors. This type of investor brings the startup and small Read more...

What Types of Loans Are Available for a Startup?

There are three different startup-focused loan programs:   7(a) loan program Eligibility for a 7(a) loan program comes by meeting certain Read more...

How Can Banks Help Fund My Startup?

A bank loan may be available to help you with startup costs. A bank will want to see a detailed business plan and a thorough description of your business Read more...

What Are the Most Common Types of Investors and Financing for Startups?

There are plenty of stories about people "bootstrapping" startups with their own money. That's not always possible. Many startups come to Read more...

What Are the Advantages and Disadvantages of a Sole Proprietorship?

What Is a Sole Proprietorship? A Sole Proprietorship is the default business entity for people who operate a one-person business. No documents are Read more...

How Do I Stay Compliant When Hiring Employees?

What Do I Need to Do to Stay Compliant While Hiring? Hiring is a little more involved than simply finding the right person, here are some thing you’ Read more...

What Is a Business Contract?

A business contract is an agreement between two or more people or groups that creates a legal duty or responsibility. Think of a contract as the rules of Read more...

What Are Fundamental Parts of a Business Contract?

All business contracts should include fundamentals such as: The date of the contract The names of all parties or entities involved Payment amounts and due Read more...

When Do Companies Opt for an IPO?

It may be a young company trying to generate some needed revenue or an established company that just waited to go public. Whether a company is trying to Read more...

How Can I Secure a Startup Loan?

The SBA states that a 504 loan is often structured so that the SBA provides 40 percent of the project cost and a participating lender pays up to 50 Read more...

How Is a C-Corp is Taxed?

Incorporating your business as a C-Corp allows more flexibility than you’d have as an S-Corp. For starters, you can choose to have several classes Read more...

What Are the Fair Hiring Practices and Job Discrimination Laws for Employers?

What Are the Fair Hiring Practices and Job Discrimination Laws for Employers? As an employer, it is important to understand what practices are fair in Read more...

What Is the Cultural Significance of an IPO?

It's not only about the money. A successful IPO spells out success for a company. It generates interest and can be a signal to the top talent in the Read more...

What Is the Financial Meaning of an IPO?

An IPO is a dramatic shift for a business, here's what you can expect. The Good: An IPO raises needed capital to help a company grow. It's a Read more...

What Documents Should I Have to Hold a Private Stock Offering?

You’ll want to organize a few things before offering stock:   Operating Agreement: First and foremost, you need to make sure your company is Read more...

Who Can Invest in a Private Stock Offering?

Private placements must come from what the SEC terms an “accredited investor.” Generally an accredited investors are generally wealthy Read more...

What Should I Consider When Applying for a Peer-to-Peer Loan?

Your credit history plays a part in whether you can engage in peer-to-peer lending. You grant access to your credit score when you apply for a peer-to- Read more...

What Should I Consider When I Approach an Angel Investor?

Considerations when approaching angel investors include: How much control does the investor expect? How much control are you willing to share? What is the Read more...