Most sole proprietors and simple single-member LLCs can file their own formation paperwork without ever hiring an attorney. If you are launching a business with partners, taking outside capital, or…
Who qualifies for a solo 401(k) The IRS sets two uncompromising eligibility requirements for a solo 401k for self employed individuals: you must generate self-employment income, and you must have…
Why traditional banks turn down new startups Banks are risk-averse institutions. When an established company applies for capital, the loan officer examines two years of business tax returns, profit and…
Buying a franchise does not require half a million dollars or a commercial real estate lease. Dozens of service-based franchise systems allow beginners to launch a business for under $60,000,…
Forming a Limited Liability Company (LLC) online takes under an hour of actual paperwork and establishes a legal line between your personal assets and your business liabilities. State filing fees…