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business strategy

Follow This 8 Point Plan When Starting Your New Business

Starting a new business can seem overwhelming – especially when you’re doing it alone.  Creating a business plan…
hiring employee

I Need To Hire Someone for My Business; What Do I Need To Know?

The goal of most businesses is to grow – at least somewhat.  However, in order to grow or…
worker

Independent Contractor or Employee: It’s Very Easy to Cross the Line

Many businesses prefer to hire independent contractors because there’s often less overhead and fewer expenses (i.e. taxes). However,…
business partners

5 Reasons Your Single-Member LLC Needs an Operating Agreement

An operating agreement is a contract that controls your LLC’s operations as well as member interaction with each…
business compliance

New Year’s Resolution: Maintain Corporate Compliance

For many, it’s not uncommon for a New Year’s resolution to last several days before it falls by…
family gift

Trust Beneficiary Basics

How Do I Know If I Am a Trust Beneficiary?  You are a trust beneficiary when you are…
family business

New Proposed Regulations Under Code §2704

On August 4, the Treasury Department issued long-awaited Proposed Regulations on valuation discounts for family-owned businesses under §2704…
Operating Agreement

Why Do I Need an Attorney to Draft an Operating Agreement?

The first rule of any new business is to maximize profits while avoiding any unnecessary expenses.  Unfortunately, legal…