Are You Familiar With The Government Agencies As A Business Owner? Get Familiar With The Main Government Agencies! In order to run your business, knowing the government agencies will help! For submitting federal income tax payments & obtaining Employer Identification Number (EIN) for your business, you will go to the Internal Revenue Service( IRS). For …
Government Agencies You Need To Know As A Business Owner Read More »
Do You Run A Business? Do You Know What Is A Sole Proprietorship? When you don’t register your business with the Secretary of State, your default status is a “Sole Proprietorship”. You do not need to register your business to operate as a Sole Proprietor. Additionally, if you want to operate your business under a …
Question: Can Your Brand Name Be Different From Your Company’s Name? The answer is “YES”! Registering your business name means getting permission from the state government to open & operate a business as per the state laws. You must register your business with the specific Secretary of State to allow your business the protection of that …
Attention Business Owners: Statement Of Information All California LLCs have a requirement to submit a Statement of Information (SOI) with the Secretary of State. The SOI provides the State with all the updates of the company’s activities. In California, an SOI must file every 2 years. The first SOI however must be filed within 90 …
Business Law Tip: Limited Liability Company (LLC) Forming a Limited Liability Company (also known as an LLC) is not mandatory to start your business. There are other cheaper and easier options to choose from. However, if you are serious about your business, forming an LLC should be one of the first tasks on your agenda. …
Are Legal Issues Coming Up For Your Business? There are many professional services that you should know if you are running a business and need to set up your operation systems. Systems are important. “S.Y.S.T.E.M.” can be a acronym that stands for “Save Yourself Stress Time Energy and Money”. There are very useful services for …
Why Form A Business Entity? The main reason to form a business is to earn profit. Whether you operate as your own business or as a company or corporation or any other formal legal entity, the same reason applies – earn money. However, the law offers various protections when forming a business. The informed business …
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