Can I Provide Services Instead of Capital to a New LLC?
Small business owners put their blood, sweat, and tears into ensuring the success of their company, which, though difficult to measure, are no less valuable than capital contributions. At the same time, if you are investing your time and energy into a limited liability company (LLC), you should establish a method of valuation for your […]
How to Remove a Member of an LLC
As a business grows, its ownership structure may change and an owner may need to be removed. Removing an owner of a limited liability company (also known as a member) may become necessary if a member retires, dies, changes career, commits a breach of conduct, or has a dispute with other LLC members. When members […]
What You Need to Know about ADA Website Compliance
The Americans with Disabilities Act (ADA) requires businesses to accommodate people with physical and cognitive impairments. While the ADA, which applies to “places of public accommodation,” was designed with physical spaces in mind, the proliferation of online services means that digital spaces must also comply with the ADA.
When Should I Think About Selling My Business?
Selling a business requires many of the same steps that it takes to build a business. You need to plan, execute a strategy, and in some cases, benefit from good timing.
Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust
Business trusts offer several potential benefits—and drawbacks—compared to a traditional business structure. Understanding the pros and cons can help you to decide whether a trust makes sense for your business.
Sales Tax: What You Need to Know
Different taxing authorities have their own regulations, tax rates, exemptions, and deadlines, which can be quite confusing, especially for entrepreneurs who have just started a new business.
What You Need to Know About Severance Packages
A severance package provides pay and sometimes benefits to a departing employee. There are a few reasons why you may want to consider offering severance package.
It’s Time to Say Goodbye: How to Close Your Business
The decision to close your business is not to be taken lightly. Business closures involve complex procedures that require time, energy, and organization.
Summer Is Here and the Sun Is Shining: Should Your Small Business Have a Vacation Policy?
If you offer vacation time to employees, a well written vacation policy will help to ensure that it works well for both your small business and your employees.
Key Person Insurance: What Is It and Do I Need It?
Key person insurance is a hybrid between business insurance and life insurance. Companies can take out this type of insurance on the lives of certain employees to cover the risk of losing “key” workers.
