Limited liability companies, or LLCs, are flexible business entity structures that have characteristics of a corporation as well as a partnership. However, each state can impose different requirements to create a LLC, though in most jurisdictions, the formation process is similar. Moreover, most st...
An LLC can be either “foreign” or “domestic.” The difference between the two is based on the home state of the LLC – or the state where the LLC was formed – and the state where the LLC does business. For example, if ABC Real Estate LLC is formed in California and holds proper...
Be sure to consult with an attorney who can provide legal advice for your individual needs. LLC Name –The first step in creating your operating agreement is to name your LLC. You’ll want to choose a name that is distinguishable from other businesses and easy to remember. Be su...
Your LLC's name is the identity it uses in government and legal filings. But you can file a "Doing Business As" (DBA), also known as aFictitious Business Name, if you want to operate under a more consumer-friendly brand name, or one that fits the online name that you choose. The D...
A sole proprietorship is the simplest structure, where you report taxes on a Schedule C. An LLC is a legal designation to protect your personal assets but doesn’t change how you’re taxed unless you elect otherwise. Finally, an S-corp is a tax designation that can apply to various busine...
Our repayment agreement template factors in crucial aspects employers need to consider after they’ve sponsored training, relocations, tuition fees, and others. LLC Loan Agreement Template Protect your company’s interests and use this free and fully customizable LLC loan agreement template when you lo...
LLC registration fees$350$350$350 Other G&A expenses$600$700$800 Total G&A expenses$3,050$3,750$4,450 Depreciation Bicycle depreciation$1,500$2,500$3,100 Total Expenses$6,900$9,550$10,950 ———-———-———- Profit$11,472$22,276...
Choose a catchy name and get yourbusiness licenseandLLC. Set up your virtual office. Research deep into your target audience and build personas. Iron out your startup costs, variable costs, break-even point, and revenue projections I have gone deep into how to do each one of the outlined ...
1.- To invoice/charge my fees via web, that is easy with the available resources for invoicing, any suggestion on a nice web tool is very welcomed. 2.- An offshore or other type of legal company in a country/jurisdiction that allows me the minimum administrative/tax forms paperwork, mini...
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