Palo Alto Software
Search
 
 

More articles:

Creating an LLC Operating Agreement

An LLC operating agreement allows you to structure your financial and working relationships with your co-owners in a way that suits your business. In your operating agreement, you and your co-owners establish each owner’s percentage of ownership in the LLC, his or her share of profits (or losses) and his or her rights and responsibilities, [...]

Read the full article →

Creating a Business Partnership Agreement

If you and your partners don’t spell out your rights and responsibilities in a written partnership agreement, you’ll be ill-equipped to settle conflicts when they arise, and minor misunderstandings may erupt into full-blown disputes. In addition, without a written agreement saying otherwise, your state’s law will control many aspects of your business.
How a partnership agreement [...]

Read the full article →

Simple Startup Tips

When going into business for yourself start out simple. In most states, the first step to starting your business is simply to register in your county for a fictitious business name, also called a “dba” (for “doing business as”) registration. This is very common. If you want to be “Dawn’s Design” or “Acme Furniture” or [...]

Read the full article →

How to Form a Limited Liability Company (LLC)

By now, you’re probably familiar with the advantages of running your business as an LLC: limited liability protection and a simpler method of paying taxes than that imposed on corporations. (To learn more about these benefits, read LLC Basics.) This article focuses on the steps you will take to make your LLC a legal reality. [...]

Read the full article →

How to Form a Corporation

If you’ve decided to create a corporation, you’re facing a list of important — but manageable — tasks. Here’s what you must do:

Choose an available business name that complies with your state’s corporation rules.
Appoint the initial directors of your corporation.
File formal paperwork, usually called “articles of incorporation,” and pay a filing fee that ranges from [...]

Read the full article →