FAQ

When setting up your small business, you will soon get to the stage when you consider hiring your first employees. When you have chosen your business entity and formed your business, you can apply for your Employer Identification Number (or EIN). You can apply for this with the Inland Revenue Service (IRS) and then look at how to find employees.

So, where do you start looking? This article takes a look at how to find employees for small business success.

Why Hire Employees?

Hiring employees…

When setting up an LLC, or limited liability company, there are several important steps, including selecting an LLC registered agent. A limited liability company is a business entity with elements of both a partnership and a corporation. An LLC offers the owner protection of their financial assets as they are not responsible for the finances of the business, such as debts. It also has a particular structure and set of processes.

To be considered a limited liability company, or LLC, the company …

When you form a business, you must decide which entity is the right setup for your business. It might be a limited liability company or LLC. A limited liability company is a cross between a partnership and a corporation where the owner has limited liability to only the assets they invest in the company. A manager (or managers) need to be appointed, and there procedures and documents associated with an LLC, such as an operating agreement.

When researching forming an LLC, you might be asking ‘Wha…

There are several choices when forming your business, such as a corporation, limited liability company, c corporation, etc. When you are looking to create a new business, you are likely to come across lots of new terms relating to forming a business, and you might be asking ‘What is a foreign limited liability company?’

If you would like to find out about foreign limited liability companies, read on to find out more.

What is a Foreign Limited Liability Company?

A limited liability company is …

When you are planning to start a new business, there are several business entities to choose from. If you are a professional, such as a doctor, you must form a professional corporation and be licensed. Other businesses might consider a C corporation or an S corporation. Or, you might decide to start a domestic limited liability company.

In this article, we find out what is a domestic limited liability company and more about this type of legal business entity.

What is a Domestic Limited Liabili…

A Limited Liability Company, or LLC is a business entity that's a hybrid of a corporation and a partnership. An LLC consists of members, similar to shareholders. There may be a single manager, or all the members are managers. 

Not all business owners can form a California LLC. If you are a professional, like a dentist or doctor, you must form a professional corporation and have a license.

If you would like to form a California LLC, read on to find out more.

Why Form a California LLC?

There a…

When forming your new business, you have a few options. You can hire a business attorney, which can be expensive and time-consuming. Another option is to do DIY company formation and research it yourself. This can be daunting and can look like you need a legal degree. You can file your business documents yourself without a lawyer. An alternative option is an online formation company or another online service.

There are many formation companies online, but are they worth the money?

What are For…

Every new business owner wants to know the secret to small business success. There are, of course, many factors to this but here is our opinion of the five keys to business success. There are no guarantees but if you follow these tips they will help get your business off to a good start.

The Five Keys to Business Success

Here are some of the elements you will need for business success, whether you want to be a big business, hiring hundreds or a small local organisation with just a couple of em…

You will likely need help starting a business when planning a new venture, no matter how experienced you are in your industry or profession. There are many organizations that you might need to get in contact with. For example, you might wish to register a trademark with the United States Patent and Trademark Office.

You might want to learn how to set up a simple website so you can edit it frequently. It might be necessary for you to seek funding support from various organizations. You might beg…