Many business owners sign contracts without thinking twice. They order supplies, contract. They hire a subcontractor, contract. They lease a vehicle, contract. They provide a service, contract. They rent office space, contract. Contracts are taken for granted every day, and business owners frequently underestimate the ramifications of the documents that they sign. Why? Because typically the...Read more
A Limited Liability Company is an excellent and flexible way to structure a small business, but because everyone's business and personal situation is unique, it may or may not be the right structure for you. Here are five things you need to know before you start an LLC. 1. What is a Limited Liability Company? A limited...Read more
May 4 - 8, 2015 is National Small Business Week.According to the U.S. Small Business Administration, Small Business Week has been recognized every year since 1963. This week “recognizes the critical contributions of America’s entrepreneurs and small business owners.” Right now is a great time to be a small business owner. The economy is growing,...
A few weeks ago in our blog, we discussed how to fund a living trust. To recap briefly, a living trust is basically a container with very specific instructions for how to handle the assets inside. If nothing is ever put inside the container, then the trust becomes useless. Many different types of assets...Read more