Remove Limited Liability Company Remove Operations Remove Software Remove Technical Review
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Exploring Tax Strategies For Small Businesses: Insights Inspired By Troy Renkemeyer’s Experiences

The Startup Magazine

Navigating the complexities of tax regulations can be daunting for small business owners, yet mastering this aspect is crucial for ensuring their operations’ financial health and sustainability. An effective tax strategy can minimize legal liabilities and significantly reduce expenses, freeing up resources for investment and growth.

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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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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

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Intellectual Property 101

Up and Running

Furthermore, solo inventors or creators generally wear all the hats and adopt the DIY mode of operation without consulting anyone. Many technology startups are aware of IP issues, but focus on patents. Simply put, properly identified and protected IP increases the financial value of your company. Use it first—and prove it!

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What is a Social Enterprise?

Up and Running

According to the Harvard Business Review, in most U.S. states for-profit companies can accept donations and nonprofit companies earn revenue, which dispels the myths that a nonprofit can’t make money, or a for-profit venture would miss out on donations. For-Profit Entities: L3Cs, or Low-Profit Limited Liability Company.

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How To Close The Books on Your Startup

mashable.com

This post originally appeared on the American Express OPEN Forum , where Mashable regularly contributes articles about leveraging social media and technology in small business. This is particularly true in the fast-paced high-tech and software world, where only a small percentage of startups mature.

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How to Start a Business in a Month – #30DayChallenge

Up and Running

According to the SBA, 52% of all small businesses are home-based and of the 28 million small businesses in the US, 22 million of those are operated by people who consider themselves self-employed (they have no employees and no additional payroll). You can do it even if you start from home. You get tax benefits. Are they doing well?