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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

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. Develop a founders agreement.

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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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5 Keys To Mitigating New Venture Tax And Legal Issues

Startup Professionals Musings

To avoid the tax implications of co-mingling personal and business funds and assets, create your business entity before you hire anyone or spend money building the product. The primary business entity options include a sole proprietorship, Limited Liability Company (LLC), or a Corporation (B-Corp, C-Corp, or S-Corp).

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How To Start A Business The Right Way

The Startup Magazine

You can search for co-founders who will contribute with capital, or skills, and share profits and equity with them. The Limited Liability Company (LLC) is a business structure permitted under state statute. You have to be honest about what you can and cannot do.

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5 Tips for Starting a Successful Clothing Brand: The Definitive Guide (2018)

crowdSPRING Blog

Shira Sue Carmi, the founder of Launch Collective, reminds us that the business of launching a clothing brand is as important as the artistry: Fashion is amazing in the way it balances art and commerce, but it’s a business. If you’re interested in a little more protection, an LLC (or Limited Liability Company ) may be a better fit.

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Five signs it’s time to get your business organized

www.greenhornconnect.com

” Transitioning from partners in an informal collaboration to co-owners of an actual business may seem like a big step, but it is a necessary one that every successful startup eventually must take. So the short answer is: the sooner the better; but here are five telltale signs it’s definitely time to form a company.

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8 Reasons To Incorporate Your New Company Early

Startup Professionals Musings

It’s very easy and inexpensive to set up online a Limited Liability Company (LLC) for the startup, which will allow you to track business costs, cash and taxes correctly -- no matter what happens. Liability for initial setbacks or lawsuits needs to business versus personal.