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How Entrepreneurs Need To Plan To Protect Their Business

The Startup Magazine

The legal structure will dictate how your business is taxed, how personal liability is handled, and how you can raise capital. Common business structures include sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Each has its own advantages and disadvantages.

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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. Register your business name.

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Why set up a limited company in Hong Kong?

The Startup Magazine

The employees in Hong Kong generally refer to themselves as hardworking, competitive and continuous pursuit of success. Although English is the most widely spoken language in the business world, you will be pleased to find that due to China’s connection with China, most employees can communicate in Mandarin and Cantonese.

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Why Entrepreneurs Must Learn to Love Paperwork  

The Startup Magazine

There will be plenty of it early and often during your entrepreneurial journey, but rather than look at it as a headache you should consider the many ways in which it will help protect you, your family, and the company as a whole. Personal asset liability protection is not ironclad. Be able to prove due diligence whenever you can.

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

The Startup Magazine

If you are looking to set up a limited liability company using the least expensive method, you can take this route. LLC Name Reservation. Choosing the right name for your business is not always a walk in the park. Well, there is no state fee for finding the right name for your LLC. Seek Professional Advice.

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How To Start A Consulting Business

YoungUpstarts

Navigating the transition between a salaried employee and running your own consulting business can be tricky. Your company name, your company logo , and your website design should all grow from the concepts you laid out here. by Katie Lundin of crowdspring. What is the most important part of my clients’ experience?

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Vlad Rigenco’s Tips for Launching a Successful Startup

The Startup Magazine

When people want to begin a startup company, there are several common-sense principles that they should follow. Vlad Rigenco offers 9 important tips on beginning a startup company and names some of the pitfalls that can happen along the way. Startup companies need to be based around an innovative idea. A Great Idea.