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We know a lot about business law, and we love to share it.
As business lawyers, we thrive on information and best practices. And we like to share our insights and tips to help your business succeed. Follow along to stay up to date with our thoughts on business, law and all around practical advice. Our blogs explore better ways to do business.
Immediately after you start your new corporation, you will need to obtain a Federal Employer Identification Number for your corporation. How to Obtain Your Corporation’s Federal Employer Identification Number (EIN).
Are you ready to start your own business? You probably have heard about how difficult it can be to start your own company, with all of the related risks and startup challenges. But, there also are many positives when you start and grow your own business. I share 5 great things that I have experienced as an entrepreneur since I started my company back in 2007. I hope that they resonate with you and what you experience as you start and build your own company.
As you move your business forward, you will get to a point where you need to put more structure around your business. There are four basic options for the legal organization of your business – sole proprietorship, partnership, limited liability company (LLC), or corporation. In many cases, a corporation will be the best option.
There are many quick and “easy” online and do-it-yourself resources to set up a Limited Liability Company on your own. However, an LLC may not be the right way to structure your business if you intend to raise money from investors. Don’t invest valuable time and money forming the wrong structure for your startup.
Entrepreneur’s Question: “What are all of the items (e.g., legal documents, agreements, etc.) that are required to incorporate a business? I want to make sure that I have the right foundation down as I start my company.”
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