Are you ready to start a business in California? Well, we have some wonderful news for you: there’s never been a better time than right now to be your own boss! We get it, though, forming a new business is pretty daunting. But, with the right strategy, and the right professionals at your side to […]
After you’ve filed your articles of organization with the California Secretary of State, your LLC will begin its legal life. But there are still other actions that you need to take in order to make your LLC fully operational. Just when you thought the work was over, you realize that it isn’t.
Whenever you establish a business, it will receive a form of tax treatment by default. This happens automatically. However, except for sole proprietorships, business entities do have some leeway when it comes to changing their default treatment to another type. What’s the default tax treatment that you can expect for a single-member LLC (SMLLC)? The […]
When you launch your own business, one of the first things that you should do is establish its own business bank account. If you form an LLC, you should make a separate bank account in the LLC’s name. In fact, establishing its own business bank account is a necessity, as the LLC is its own […]
Ready to start a one-owner business? Well, one of the first things that you’ll need to decide upon is whether you should run your business as a sole proprietor or form a separate legal entity to own and run it. By far, the most popular separate entity for one-owner businesses is the single member limited […]
When you want to establish a business, you need to do so legally, and the first step involves choosing the type of business that you will form. You have several options, including limited liability company (LLC), corporation, and partnership. But the most common form of one-owner business is the sole proprietorship.