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Assemble Your Busines Team

Assemble Your Busines Team

When starting a new business, it is important to not only research tasks to get started, but also who will be on your business team. Your business team is a collection of professionals who assist your business with how to structure your business, legal compliance,...
Importance of a Deadlock Provision

Importance of a Deadlock Provision

What is a deadlock provision?                Deadlock provisions are often overlooked in the drafting of operating agreements. A deadlock provision is a procedure for resolving disputes and tied votes when the is no majority, such as when you have a two (2) member...
Primer on Business Entity Choices

Primer on Business Entity Choices

Congratulations on making the decision to start a new business! Whether starting a company on your own or with partners, it is important to get ready to make some important decisions. First and foremost, it is essential to choose the right business entity to form....
Better to be a Sole Proprietor or LLC?

Better to be a Sole Proprietor or LLC?

While operating as a sole proprietor is a simpler and lower cost than forming a separate entity, there may be some benefits of separate business entity that you may be missing out on. A Sole Member Limited Liability Company is often the go-to entity when sole...
What is a Holding Company?

What is a Holding Company?

“Should I set up a holding company?” If you have ever asked yourself this question, then this post may be for you. Business owners utilize the multiple-entity approach of creating an operating and holding company for asset protection and tax reduction....
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