article thumbnail

Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

For example, an attorney can assist with issues concerning corporate formation (such as the pros and cons of corporations, limited liability companies and other structures) that may impact liability. A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry.

Partner 208
article thumbnail

Why set up a limited company in Hong Kong?

The Startup Magazine

The employees in Hong Kong generally refer to themselves as hardworking, competitive and continuous pursuit of success. Although English is the most widely spoken language in the business world, you will be pleased to find that due to China’s connection with China, most employees can communicate in Mandarin and Cantonese.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Generally, the size is based on the number of employees and annual receipts for a given period. Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. According to the U.S.

article thumbnail

How Much Does it Cost to Form an LLC? A Guide For Startups

The Startup Magazine

If you are looking to set up a limited liability company using the least expensive method, you can take this route. Employee Identification Number (EIN) is a 9-digit number that is assigned to your LLC by the IRS (Internal Revenue Service). This is due to lack of information. Seek Professional Advice.

LLC 110
article thumbnail

Vlad Rigenco’s Tips for Launching a Successful Startup

The Startup Magazine

You may have an excellent idea for a new mobile app or for a company that provides technical services to others. Understanding your competition is a vital part of researching your startup company. Spend time reading reviews and use the competing apps yourself to find out what you can do better. Research Well.

article thumbnail

10 Tips on Finding Legit Remote Jobs

Transformify

Going forward, it is expected that the number of all-remote companies will grow exponentially as many businesses and employees have realized the benefits of remote work. Even before coronavirus pandemic, investors were already asking tech startup founders ‘’What is your remote work strategy?’’

article thumbnail

How to Start a Business: A Step-by-Step Complete Guide (2019)

crowdSPRING Blog

You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. Your business location, facilities, equipment, and what kind of employees you’ll need are in this section. If you’re a sole owner and don’t have employees, this is not required.