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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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How To Start Your Own Small Business In 7 Easy Steps

YoungUpstarts

You should also take into consideration a domain name that goes with your business name and check to see if there is a URL available for you to develop a company website. Nowadays, many businesses solely operate online due to the dramatic transformation that has taken place in how people buy things in recent years. Pick a Location.

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How to Put Personal Money into Your Startup In 6 Steps

The Startup Magazine

It is estimated that at least 80% of all startups rely on personal funds from their founders for operations, albeit in their formative stages. A limited liability company status, for instance, will protect you from your business’s legal hurdles and their costs too. Bootstrapping is a common way to fund a prospect.

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What It Takes to Start a Real Estate Brokerage

The Startup Magazine

Sales and marketing plan. Operating plan. Once you have a business plan in place, you’ll be able to run and operate your brokerage from a reference point and make decisions that align with the plan. While business plans vary from one industry/entity to another, your plan should include the following sections: Executive summary.

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What to Do If Your Accountant Makes an Error

Up and Running

A certified, professional accountant can be a valuable partner to a small business at all stages, from formation, to financials, to the sale of the business. Choice of entity (C corporation, S corporation, or a limited liability company ) may affect how the company’s earnings will be taxed and how your assets are protected.

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LLC Costs and Fees You Need to Know as a Small Business Owner

Up and Running

A limited liability company (LLC) is a popular business structure for small businesses thanks to its ease of operations, tax advantages, and liability protection for its owners. For example, Texas requests all LLC names contain “limited liability company” or “limited company” or any abbreviation of these phrases.

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Effective Tips to Start Your Own Rubber Stamp Business

The Startup Magazine

You may opt for a sole proprietorship, partnership, corporation, or limited liability company. For instance, if a company offers free delivery on all orders, it is identified as a foremost characteristic of their USP. Use Social Media to Marketing Your Company and Build an Online Community for Your Customers.