Remove Cost Remove Employee Remove Limited Liability Company
article thumbnail

Tips For Starting Up Your Own Roofing Company

The Startup Magazine

The most common types of business structures include sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Sole proprietorships are easy to set up and offer full control, but they also come with unlimited personal liability.

article thumbnail

How Much Does it Cost to Form an LLC? A Guide For Startups

The Startup Magazine

In this guide, we will discuss the different ways you can set up an LLC and the costs involved. If you are looking to set up a limited liability company using the least expensive method, you can take this route. The only costs that you will need to pay will be the state filing fee. LLC Formation Costs.

LLC 110
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Generally, the size is based on the number of employees and annual receipts for a given period. Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. According to the U.S.

article thumbnail

LLC Costs and Fees You Need to Know as a Small Business Owner

Up and Running

A limited liability company (LLC) is a popular business structure for small businesses thanks to its ease of operations, tax advantages, and liability protection for its owners. But forming and maintaining an LLC comes with costs. LLC formation costs. Other LLC costs. Business name reservation.

LLC 134
article thumbnail

What Type Of Insurance Does Your Business Need?

YoungUpstarts

In this type of business, the combination of raw materials, labor, and overhead cost in its production process before the outcome products are then sold to wholesalers, retailers, and consumers. The owner of the company encounters unlimited liabilities. That includes some businesses that have close family members as employees.

article thumbnail

Vlad Rigenco’s Tips for Launching a Successful Startup

The Startup Magazine

You need to decide what kind of employees you will need and how much you will pay them. You will need to plan for your business site and determine how much this will cost. You may want to choose from sole proprietorships, partnerships, limited liability companies, or corporations. Your Startup Business.

article thumbnail

Should I Hire An Attorney When Starting A Business?

YoungUpstarts

When you draw a list of the important items you will need, you include the right business address, the right partners, the amazing products you have designed and produced, and many other items, including how many employees you will have to hire, and the trusted accountant that you will work with. Do you have all the contracts you need?

Hiring 189