The Startup Magazine
DECEMBER 4, 2024
Common business structures include sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. LLC: Provides liability protection while offering flexibility in taxation. Workers’ Compensation: Protects employees in case of work-related injuries or illnesses.
The Startup Magazine
MARCH 28, 2021
Forming an LLC in the United States might be perceived as a long, complicated or expensive process. In this guide, we will discuss the different ways you can set up an LLC and the costs involved. What Are Your Options for LLC Formation? Set up an LLC by yourself. LLC Formation Costs. LLC Name Reservation.
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YoungUpstarts
OCTOBER 12, 2020
Those types of leaders may produce results, but their actions also lead to dysfunction and employee turnover. This sends employees the message that such behavior is acceptable and to be imitated to skyrocket up the corporate ladder. Performance reviews should also consider the quality of interactions with employees.
YoungUpstarts
OCTOBER 24, 2017
Think about your employee and ownership hats. You should also understand that you may be liable for certain acts or omissions as a manager, officer or director, but shielded from liability as a member (in a manager-managed LLC) or shareholder. Protect your company’s customers, employees and intellectual property.
YoungUpstarts
AUGUST 3, 2017
Each employee and manager is an insider with access to sensitive information. John is a new employee at Xyz LLC as their Account Manager. Xyz places a high value on self-reliance and transparency with their employees and allows access to all company data. Tip #2: Employee Education. Upstarting LLC.
Startup Professionals Musings
AUGUST 25, 2018
The cost of rolling out a business has never been lower – it only takes a few hundred dollars to incorporate a Limited Liability Corp (LLC) online, create your own website, use social media to get attention, and you are in business. A good team will likely consist of a mix of remote employees, freelancers, and contractors.
The Startup Magazine
APRIL 2, 2020
For startups established as an LLC, the operating agreement is the original blueprint that specifies how the company will be run and which members (partners) hold which responsibilities, among other concerns such as profit-sharing. Personal asset liability protection is not ironclad. You must abide by your operating agreement.
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