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.
Most Common Tax Deductions for Small Businesses
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted.
Why Your LLC Needs an Operating Agreement
Having an LLC operating agreement can provide your business with many benefits and can help you avoid significant problems.
Why You Cannot Withhold Payment from Employees
Failure to pay employees could result in a lawsuit, an injunction, civil penalties, or even criminal penalties.
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.
Summer is Here and the Sun is Shining: Should Your Small Business Have a Vacation Policy?
Although there is no legal requirement for businesses to offer paid or unpaid vacation time to employees, it is common knowledge and good practice for employees to occasionally take time off in order to return to work more productive and engaged. If you decide to offer vacation time to your employees, a well written vacation […]
