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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). Corporations pay taxes on the money they earn, and LLCs don’t. This doesn’t mean that LLCs go tax-free. When an LLC allocates income to owners (i.e. When an LLC allocates income to owners (i.e.

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WNY Holdings’ Marketing Manager Christopher Lee Explains 7 Ways a Small Businesses Can Develop a Brand

The Startup Magazine

Christopher Lee, WNY Holdings’ Marketing Manager, knows that growth is essential for any small company’s success. Christopher Lee is the Marketing Manager at WNY Holdings LLC , a customer-focused digital marketing company that was started in 2018 to provide tailored marketing strategies for small businesses.

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The Next Entrepreneurs And Startups

YoungUpstarts

While much future forecasting looks to digital disruption , we shouldn’t think that the only fields that can be subject to disruption are those that are essentially technology-based, such as cloud services and data management. Professional business services. Real Estate.

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A Guide to Crafting Your LLC Operating Agreement

Up and Running

An operating agreement is the document that sets the rules for your LLC. You’ll be able to choose your management structure, lay out who’s responsible for what, and many other important issues. Should I have an operating agreement for my LLC? What does an operating agreement cover? Why exactly?

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Mark Hauser’s Hauser Private Equity Spearheads Major Deals in Industrial Sector

The Startup Magazine

From data integrity software to healthcare management services, Hauser Private Equity has seen the value in businesses that exist in the in-between of raw materials and consumer goods, and how such companies have the ability to bring about realized gains for investors. Healthcare.

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How To Start An LLC

YoungUpstarts

For those considering taking their businesses to an official level, here are some helpful tips for how to start an LLC. What Is an LLC? An LLC is a type of legal structure for a business. Like other business structures, the LLC status dictates how a company will be taxed, as well as who will be responsible for its liabilities.

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Why Entrepreneurs Must Learn to Love Paperwork  

The Startup Magazine

You must abide by your operating agreement. For startups established as an LLC, the operating agreement is the original blueprint that specifies how the company will be run and which members (partners) hold which responsibilities, among other concerns such as profit-sharing. Personal asset liability protection is not ironclad.