LLC Blog Series: #2 LLC Operating Agreement – Essential to Success If your small business is structured as a limited liability company, then the cornerstone of your success is a well-written and signed operating agreement (“OA”). What is a LLC Operating Agreement? An OA is a written agreement among the LLC’s members that […]
In the roughly twenty years since it emerged, the limited liability company (LLC) has become the small business owner’s darling. There are good reasons for that. LLC’s are fast, easy, and cheap to set up – often, filling out a standard form and paying the filing fee are all that’s required. Once set up, the […]
LLC Blog Series: #1 What Exactly is an LLC, Anyway? First, a little bit of simplified history helps explain the context around LLC’s. I know. Bear with me. Before LLC’s emerged in the late 1990’s, businesses generally fell into two categories: corporations and “unincorporated entities” (either a sole proprietorship (if solo) or a […]
Whether you dream of having your own startup and leaping off the corporate treadmill or just making some extra coin, starting a business on the side is one proven method to achieve your goals. Before you pull the trigger, however, there are a few things to consider. 1. Does your employer have a policy […]