Harrison, Jd
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Corporations also provide a business with the ability to deduct certain benefits, like employee health insurance and dental plans, which can add up to substantial savings per year. Nonprofit : A nonprofit corporation is a business formed with the purpose of furthering a particular social cause ...
3. Create a business plan Entrepreneurs makebusiness plansto chart organizational objectives, identify revenue streams, plot business structures, and set metrics for success. As an aspiring business owner, you can use a freebusiness plan templateto orient yourself and craft a plan tailored to your ...
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Maryland businesses with at least one employee must carry workers' compensation insurance. Plus, if you use motor vehicles for business reasons, you'll also need commercial auto insurance. For other types of business insurance, you might benefit from a Business Owner's Policy (BOP) that bundles...
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Avoid prohibited terms.Unless you've obtained special approval from the state, your business name cannot contain terms such as "bank" or "insurance." Be distinguishable from competitors.While your company's name can besimilarto another's, it must still be distinguishable from other companies. ...