Many entrepreneurs choose to form an LLC to create separation between themselves and their businesses from a liability standpoint. Owners of a limited liability company won’t be held personally liable for business debts and lawsuits. There are several different ways to form an LLC. It can be intimidating for new […]

Businesses decide to close permanently for a wide range of reasons. From owner retirement to limited cash flow or disagreements between members, the list goes on. Simply locking the doors and taking the sign down isn’t enough. You need to take specific steps to dissolve your LLC officially. Depending on […]

Rocket Lawyer is one of the most popular and reputable online legal services in the U.S. The platform is best known for its extensive library of legal documents, forms, and contract templates. It’s a quick, easy, and affordable way for anyone to get legal advice from qualified attorneys. Rocket Lawyer […]

Historically, incorporating a business has been a time-consuming and expensive process. Business owners had to hire attorneys, fill out complicated paperwork, and wait months before their legal entity was officially formed. But not everyone has thousands of dollars laying around to hire a lawyer, and most people aren’t comfortable filing […]

Most businesses need an EIN to operate. If you’re starting a new business, getting an EIN should be at the top of your to-do list. Think of an EIN like a social security number—but for your business. You need a social security number to rent or buy a house, get […]

Many entrepreneurs can attest to having a hard time getting started writing their business plan. Once underway, you have to consider your target market, identify financial projections and cash flow, and sort through seemingly endless mounds of data. Moreover, not everyone is born with the gift of writing. Keeping your […]