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Category Archives: Incorporating Your Business


Checklist: Forming an LLC

Checklist1LLCs, or limited liability companies, are often used by small business owners to protect their assets and keep their businesses separate from their personal financial lives.

If you are thinking of starting a LLC, below is a checklist of steps you’ll need to complete before forming. Keep in mind that your LLC’s requirements might vary from the list below, depending on the specific type of business you are in, and where your business is located.

  1. Decide on a business name for your LLC. In most states, “LLC,” “Limited Liability Co.,” or a similar variation must be included in the LLC’s business name.

Tips For Using Social Media To Find Job Candidates

hiringBy now, I hope we all realize that we should be constantly conducting ourselves on social media as though every person we might ever want to hire us is going to see what we post. Because, odds are, they will. Looking up someone’s social media presence is pretty much the second step after reviewing a resume when considering someone for a position.

Does a Cloud Solution Help SMBs with Security?

In keeping with this week’s theme of Cloud computing, today’s topic revolves around its role regarding security as it pertains to small businesses. Security is one area where Cloud hosting, generally speaking, is light years ahead of most other alternatives.

How so?

iStock_000016550533XSmallWell, it is true that a highly competent IT team, some excellent anti-virus/anti-spam software, and constant maintenance could serve as a decent vehicle by which to protect a small business’s data. But there is more to security. Physical accessibility is an oft overlooked consideration, and even the conditions in which the servers are kept (which could affect functionality and ultimately, security.)

Cavalier Attitudes Regarding “BYOD” Put Companies at Risk

admin-ajaxWhat’s not to love about bring your own device adoption among organizations? Workers are able to enjoy the perks associated with BYOD such as convenience, and companies receive an increase in efficiency while saving money. It’s a win-win, right? Well, according to Fiberlink, not always.

Fiberlink and Harris Interactive recently conducted a survey that found over half (51 percent) of employees use their personal smart devices for work purposes.

While workers bringing their own smartphones and tablets isn’t necessarily a bad thing, it is when an “overwhelming” majority do not use mobile solutions that control corporate data from enterprise data; i.e. putting their company at risk.

Avoid These Harmful Hiring Mistakes

iStock_000021769569XSmallFew decisions are more crucial to the success of a small business than choosing the right people to bring on board. While this is easy to understand in theory, far too many employers commit certain hiring mistakes that end up costing them more time and money than they can afford. That’s why it’s so important to use a well-planned, deliberate approach to fill your open positions.

Here are some common hiring mistakes and suggestions for avoiding them:

Rushing the process

Avoid These Critical Business Plan Mistakes

Business plans are written to attract investors, so even if you have a great idea for a start-up, a poorly written plan can shoot down your dream before it gets off the ground. Without a strong plan, there’s no way to plan for the future, anticipate challenges and opportunities, or hope for a decent chance for success.

What are the typical pitfalls that plague entrepreneurs’ business plans?

From the Archives: Which Business Structure Is Best for You?

Which business form is best for you?

Owning and operating a small business is a tremendous accomplishment. After all, small businesses keep this country going in more ways than one.

But, far too often, small-business owners are not aware of the legal availabilities and consequences that come with owning small businesses. Choosing the right business form, for example, comes with its own set of implications.

Various forms are available to small businesses, and various issues can arise for businesses, such as ease of formation, liability, ownership, capital structure, tax implications, transferability of interests, and continuity of existence. This introduction to the world of business forms will allow you, the small-business owner, to ensure the survival and profitability of your business.

Which Business Structure Is Best for You?

Owning and operating a small business is a tremendous accomplishment. After all, small businesses keep this country going in more ways than one.

But, far too often, small-business owners are not aware of the legal availabilities and consequences that come with owning small businesses. Choosing the right business form, for example, comes with its own set of implications.

Various forms are available to small businesses, and various issues can arise for businesses, such as ease of formation, liability, ownership, capital structure, tax implications, transferability of interests, and continuity of existence. This introduction to the world of business forms will allow you, the small-business owner, to ensure the survival and profitability of your business.

What You Need to Know About Getting a Business License

Open for Business

A business license gives you legal authority to operate a business in a particular city, county, or state. Licensing rules vary by state, so the process to get a business license in one state is different from the process in another state. The U.S. Small Business Administration offers a tool that, when you plug in your zip code, takes you to the licensing authority in your region and gives you some helpful hints about getting your business licensed.1

Make Sure Your Business Is Safe at the Federal Level

Make sure your business is safe at the federal level.

Incorporating your business and maintaining compliance at the state level are important steps to take to protect your personal assets, as well as to remain in good standing with the Secretary of State’s office. Another step to take to keep your business above the rest is to understand federal regulations pertaining to your business.

Although the federal government doesn’t regulate all business activities, it does set requirements that some companies must satisfy. To ensure that your business is in compliance with government rules, familiarize yourself with requirements for your industry.





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