Starting a Business

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Business Corporate Compliance: How To Stay In Good Standing

What Is Business Compliance? While definitely not the most glamorous aspect of running a business, complying with applicable rules and regulations is a must. Business compliance (known as “corporate compliance” for incorporated businesses) is critical for keeping your company in good standing with your state. The specifics of what you need to pay attention to depend on the legal structure of your company and where you’re registered to operate your business. The compliance requirements Limited Liability Companies (LLCs) and corporations have to meet can vary from state to state (and sometimes even from one municipality to another), so [...]

By | July 26th, 2017|Ongoing Management and Protection|0 Comments

10 Ways to Create a Successful Small Business Brand

One of the key steps to starting a business is creating a strong business brand. Do it right, and you’ll have a memorable brand that customers line up to do business with. How can you get your brand off on the right foot? Here are 10 steps to creating a business brand.  1. Understand brand basics  To craft your brand message, start by asking yourself (and answering) these questions: What does your company do? Can you distill that down to a few sentences or bullet points? Why does your company do what it does? The “why” is the [...]

By | July 19th, 2017|Growth and Expansion|0 Comments

Filing an Amendment – FAQs

July marks the middle of the year and a great time to make changes within your company! This month, we answer all your thought provoking questions about filing an amendment. Q: When do I need to file an amendment? A: Articles of Amendment are required if any of the information included in your incorporation or foreign qualification paperwork changes. For example: Changes to the company name Changes to the Registered Agent Information Company Business Address Director or Member Information Number of Authorized Shares Business Activities of the Company Q: Do I need to notify the state if the [...]

By | July 17th, 2017|Ongoing Management and Protection|0 Comments

Professional LLCs – FAQs

Happy June! Summer is fast approaching and with new beginnings, we bring you a new post in our FAQ series! This month, we discuss the Professional LLC, or "PLLC" and the ins and outs of filing them.   Q: What is a PLLC? A: A Professional Limited Liability Company is a special type of LLC that’s designed for licensed professionals, such as accountants, lawyers, and doctors (typically, professions that require a license). Some states do not allow licensed professionals to form an LLC since they don’t want them to escape personal responsibility for professional malpractice by “hiding behind” [...]

By | June 13th, 2017|Startup and Launch|0 Comments

Registered Agents – FAQs

Happy May! This month, we will be going over the requirements for being or maintaining a registered agent and what the registered agent does for your business.   Q: What is the purpose of the registered agent? A: The registered agent is the person named to receive important legal and tax documents on behalf of a business in a given state. This includes important mail sent by the state (annual reports or statements), state tax documents, as well as any Notices of Litigation. Virtually all states require corporations, LLCs, LLPs, LPs and nonprofits to appoint a registered agent [...]

By | May 10th, 2017|Startup and Launch|0 Comments

How to Start an Accounting Firm

If you’re a CPA or an accountant, the transition from working for someone else to being your own boss has probably crossed your mind. Self-employment offers an opportunity to have more control over your own schedule, allowing you to better balance your professional endeavors and personal life. It also enables you to manage your firm the way you want to manage it. Here’s seven steps to start your own accounting practice: 1. Select a business name Think about whether you want to market your business using your own name (e.g., “Jane Smith, Accountant”) or create a business name [...]

Registering a Trademark – FAQs

Happy April! Spring has sprung and this month, we're discussing the ins and outs of trademarking your business name or logo. Q: What is a trademark? A: A trademark is a word, phrase, symbol or design (or a combination of any of these) that identifies the source of a product or service and distinguishes it from competitors. Q: What can be trademarked? A: Trademark registration can be granted on distinctive names, logos and slogans. You might want to seek a trademark for a product name, company name, company logo, or tagline. For example, “Nike”, the Nike swoosh design, [...]

By | April 12th, 2017|Ongoing Management and Protection|0 Comments

Best Practices For Interviewing Job Candidates

Hiring the right people requires a sure-fire interviewing process. To effectively interview prospective employees, you need more than a little dedicated time and a list of questions; you need an understanding of how you can draw out the information you need about an individual’s knowledge and capabilities. You also need to tune into character nuances that might indicate how well a candidate will work with your team. And, of course, you need to do all of that without breaking any anti-discrimination laws. Interviewing can be intimidating for not only prospective employees, but also for employers! By following some [...]

By | April 7th, 2017|Ongoing Management and Protection|0 Comments

Six Tips To Help Business Leaders Gracefully Handle Adversity In The Office

In an ideal business world, everyone working at a company would always get along famously and harmoniously collaborate day in and day out toward shared objectives they all believe in passionately. Sounds nice, right? Unfortunately, it’s not very realistic—neither for the entrepreneur starting a business nor the business owner running an existing business for years. In all companies, leaders face adversity within their ranks at times. Adversity isn’t usually fun, but it doesn’t have to be debilitating either. How can you manage adversity gracefully so it doesn’t hurt your business? Below are some ways I’ve found to effectively [...]

By | March 29th, 2017|Ongoing Management and Protection|0 Comments

Should Your Company Use a PEO?

Small business owners may be new to the world of PEOs, or professional employer organizations, but these companies have been around now for several years and changing the face of human resources management. A PEO provides comprehensive outsourcing for all tasks and functions typically performed by an in-house human resources department. This may include employee job descriptions, benefits, payroll, insurance, and regulatory requirements. PEOs act as a ‘co-employer’ with your company so that they share contractual obligations with your employees. Management decisions, however, remain with your company. You continue to guide the daily job duties and responsibilities of [...]

By | March 22nd, 2017|Ongoing Management and Protection|0 Comments