With the arrival of the new year come new yearís resolutions. Is this the year to satisfy that entrepreneurial desire to run your own business? But what if you donít feel like starting from scratch? Purchasing an existing business can present less risk and provide more immediate returns than purchasing a start-up. And, now that… Continue reading 5 Steps to Buying an LLC
New York State Business Law Section 130 prohibits anyone from doing business under a name other than his or her own unless an Assumed Name Certificate (more commonly referred to as a DBA) is filed.†For example, if John Smith would like to sell seeds under the name “Johnny’s Apple Seeds”, he would have to file… Continue reading 3 Reasons Sole Proprietors Should Avoid DBAs
There are many different ways in which a business can be formed. When forming your own business, though, there are four main types to consider, each with their own pros and cons. For this post, we will answer “What is a Limited Liability Company (LLC)?” A limited liability company is a hybrid between a corporation… Continue reading What is a Limited Liability Company (LLC)?
Businesses are omnipresent in American everyday life. When forming your own business, though, there are four main types to consider, each with their own pros and cons. A sole proprietorship, partnership, corporation, and LLC (limited liability company) all have their own unique aspects that may make them helpful or less helpful to you. For this… Continue reading What is a Sole Proprietorship?