The Startup Magazine
MAY 7, 2024
Limited Liability Companies (LLCs) offer flexibility, allowing owners to choose between being taxed as a sole proprietor, partnership, or corporation, each with unique implications. Maintaining diligent records is paramount to ensuring these deductions are accurately captured and substantiated in the event of an audit.
Up and Running
JULY 28, 2022
Limited liability company (LLC) – A structure that combines the characteristics of both corporations and partnerships. It protects owners from their debts or liabilities, and each owner has to include a share of the profits/losses in their personal tax returns. Secure your intellectual property.
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The Startup Magazine
OCTOBER 14, 2019
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.
Up and Running
SEPTEMBER 16, 2014
Many technology startups are aware of IP issues, but focus on patents. When fundraising, preparing for due diligence upon exit or acquisition, or hiring employees and contractors, it is critical to have both a complete IP inventory and a strategy to monetize and protect your IP. IP is a strategic business issue.
Up and Running
OCTOBER 3, 2018
Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. For instance, is it a limited partnership or limited liability company? Consider this example: Pleasant Acres Real Estate, LLC (PARE) is a startup company located in El Paso, Texas. Technology.
www.greenhornconnect.com
OCTOBER 3, 2011
Forming a corporation or limited liability company not only protects founders by limiting personal liability for activities related to the business, it also defines the rights of founders relative to each other and to the business, which is important in case there is ever a falling-out among the founders.
Up and Running
OCTOBER 21, 2014
Many small business startups will choose between a sole-proprietorship, a partnership and a limited liability company. However, you can also start a corporation or a non-profit company. If you’re a tech/digital startup, angel investment and venture capital funding may be perfect.
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