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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

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Articles of Incorporation and Bylaws: Same or Different?

Board Effect

The articles of incorporation pertain to corporations, limited liability companies, and nonprofit organizations. State governments regulate nonprofits in their states, and all nonprofits must file formal documents with the proper state authority to form a tax-exempt organization. Operational standards.

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How Much A Startup Spends On Business Documents

The Startup Magazine

Many startup founders dive into their businesses without considering the costs of business documents. Limited Liability Company. If you want to create a firewall around your personal finances, so that business liabilities do not impinge on your personal wealth, you may want to create a limited liability company (LLC). .

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How to Start a Business in a Month – #30DayChallenge

Up and Running

According to the SBA, 52% of all small businesses are home-based and of the 28 million small businesses in the US, 22 million of those are operated by people who consider themselves self-employed (they have no employees and no additional payroll). And, depending on the business you start, there may also be various government incentives.

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How to Start a Travel Agency

Up and Running

I’ve interviewed several founders of successful travel agencies who can give you the advice you need to get started, and I’ve also included plenty of links and resources to help you work through the process of starting your own travel business. If this sounds right up your alley, keep reading. Why was an LLC the best choice? “We