YoungUpstarts

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The First 5 Steps To Starting Your Own Business

YoungUpstarts

Incfile helps you easily compare and contrast the different business entity types , such as a limited liability company vs. an S Corporation vs. a nonprofit. You have your business plan all mapped out — now it’s time to decide which entity structure is the right fit for your business based on all those details.

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How To Start Your Own Small Business In 7 Easy Steps

YoungUpstarts

You can either create a small business that is a corporation, a limited liability company (LLC), or a sole proprietorship. The business structure you decide on will determine how you file your taxes, your liability, as well as your overall business name (and how you will file for it).

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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”).

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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.

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How To Start A Consulting Business

YoungUpstarts

If you’re interested in a little more protection, an LLC (or Limited Liability Company ) may be a better fit. The LLC business structure provides the limited liability features you would find in a corporation. This may be just the ticket for your brand new, consulting business as it is also the easiest to set up.

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Should I Hire An Attorney When Starting A Business?

YoungUpstarts

A business attorney can guide you whether you want to set up a corporation, a limited liability company (LLC), a partnership, or a sole proprietorship. They will help you organize your business and get all the paperwork needed to set up the business. Do you have all the contracts you need?

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5 Tips For Running A Successful Paid Parking Business

YoungUpstarts

A legal business entity, such as a limited liability company (LLC) or corporation, protects your personal liability for business debts or lawsuits. Form an LLC by researching the requirements yourself or finding a professional service to assist you.