Choosing a legal structure for your business is one of the first decisions you have to make when you want to start a new enterprise. You have the choice of setting up shop as a sole proprietorship (if you plan to own the business by yourself), a Limited Liability Company, a partnership (if you desire…
Yes, any business operating in the United States without a license, or with an expired license, may be subject to penalties, such as harsh fines and/or cease – and – desist orders. Some agencies will permanently revoke a license for egregious behaviour. Other agencies will force businesses to return all profits that were collected during…
Do you want to know the forms of business ownership that cannot be subjected to double taxation? If YES, here are 7 smart ways you can avoid double taxation. What is Double Taxation? Double taxation is a situation that affects C corporations when business profits are taxed at both the corporate and personal levels. The…
Do you want to register an LLC or corporation in North Dakota? If YES, here is an 8-step guide on how to get an Article of Incorporation in North Dakota. Incorporating a business tends to protect its owners’ personal assets from liability if the corporation is sued or cannot meet its financial obligations. A corporation…
Can two companies have same business name in different countries or states of USA? Here are 4 steps to take if you find out your name exist somewhere else. Yes, it is very possible if the business name is not trademarked or registered in the same country or state. A trademark has a territorial aspect;…
Do you have a unique Business Name idea but you are unsure if it is available for use? If YES, here are 3 low cost ways to find out if a business name is taken. Look around you and you would find that there are avalanches of businesses scattered all over the globe. There are…
Are you about filing for a patent but you are considering whether to go it alone or hire an attorney? If YES, here is how much it cost to hire a patent lawyer. Have you just invented something? Or did you just come about a unique business idea that you strongly hope will become the…
Are you about starting a new business and need a tax ID number? If YES, here is exactly how to get a federal tax ID number for a new company in 5 simple steps. Tax is one of the major means of generating funds for the governments of any country so as to enable them…
Do you have an idea to protect but you don’t know how much it cost to patent it? If YES, here is exactly how to get a worldwide patent for a product or app FREE. If you haven’t had your idea stolen before, chances are that you might be wondering what the big fuss about…
What are the benefits of incorporating a small business? Why should i incorporate a business? Well, i advice you read on to find out. Incorporating a business is a must in the business atmosphere of today. Such an action has plenty of implications beyond business; psychological, legal, and even financial. Aside from seeing the glowering…
Are you about starting your dream business and want to pick a brandable name? If YES, here are 7 tips on how to choose a good business name that stands out. What is a Business Name? A business name is simply a name or title given to a particular business to serve as identification. Also…
Do you want to protect your brand from being stolen but lack the money to trademark it? If YES, here are 5 smart ways to protect a Business Name without a trademark. The name you choose to do business with is very important. It helps people identify your brand, and also helps you build a…