Learn what a Benefit Corporation is, including the legal definition, some pros and cons, and where you can form a Benefit Corporation.

Law and Taxes

What Is a Benefit Corporation?

This article is part of our “Business Startup Guide“—a curated list of our articles that will get you up and running in no time! I recently wrote a post on social enterprise, discussing what it entails, and what some of the legal structure options are for a business when the focus is on a social mission....

By Angelique O'Rourke |

What Is a Social Enterprise?

This article is part of both our Nonprofit Business Startup Guide and our Business Startup Guide—curated lists of great articles that will get you up and running in no time! A social enterprise is defined by its mission, specifically that it makes a positive contribution to a social cause. Because of this, the structure of...

By Angelique O'Rourke |

What is an L3C?

In recent years, socially-minded entrepreneurs have begun testing a new type of business entity: the L3C, or Low Profit Limited Liability Corporation. A low-profit limited liability company, or an L3C, is a legal structure (a variation on a limited liability company or LLC) that is relatively new to the United States. The United Kingdom began...

By Angelique O'Rourke |

4 Things You (and Every Small Business) Should Know About Taxes

Recently our Bplans audience had the chance to attend a free webinar on Small Business Taxes, hosted by the CEO and founder of TaxAlli.com, Zach Olson. The webinar was extremely informative, and we had a lot of great questions from our attendees. As a follow up for our registrants, and in case you didn’t have a...

By Jonathan Michael |

How to Hire the Best Attorney for Your Small Business

Hiring professionals for a small business is an important process. The best attorney for your business will depend on what the legal needs are for your company. In fact, there is a good chance there is no one attorney who can handle everything, so the best attorney may actually turn out to be a law firm...

By Arlene Soto |

How to Pick the Right Attorney For Your Startup

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy.

By Caroline Cummings |

What Every Startup Business Needs to Know About IRS Regulations

Have you ever heard the saying, “Asking for forgiveness is easier than asking for permission?”  Whoever said that must not have been talking about the IRS. In my experience helping hundreds of small businesses get up and running, I’ve found that prevention is the key to avoiding unwanted interaction with federal and state tax agencies. One...

By Ben Sutton |

Can I Expense This? An Accountant Explains the World of Write-Offs

If you get a cup of coffee on your way to work, can you write it off as a business expense? Good question. A lot of business owners don’t have the time (or interest) to decipher tax code. Yet, business expenses are a vital part of your financial picture. A lot of your day-to-day business...

By Lisa Furgison |

1 2 3 4 5 6 7 13 14

Get the Bplans newsletter:

Expert business tips and advice delivered weekly.

Learn what a Benefit Corporation is, including the legal definition, some pros and cons, and where you can form a Benefit Corporation.