Author name: Ricky Taggart

Balance Sheet Example  Introduction The balance sheet is one of the most important financial statements you need to understand as a business owner. It’s a snapshot of your company’s assets, liabilities, and equity at a given time.  This article explains what each section means on the balance sheet so you can see if your company […]

llc vs trademark A trademark is any symbol or word that identifies the source of goods or services. Trademarks can be as simple as the Nike swoosh or as complex as the McDonald’s arches. Trademarks differ from patents and copyrights in that they only protect brand identity, not the invention itself.   Trademark vs LLC: Which

Why American Samoa LLC is the best way to Incorporate a Business It is quite a challenging task for entrepreneurs and businessmen to properly incorporate their companies. Whether it is a business partnership or a solo entrepreneurial venture there is always a need of looking into various dimensions of incorporating a business. It takes a

LLC Meetings and Minutes – Why Have Them? Introduction Due to the ease of operating an LLC in place of a corporation, many entrepreneurs choose the limited liability company when they first start their businesses. A corporation may lose its good standing if it does not comply with the annual meeting and reporting obligations set forth by its home

Advantages and Differences A Comparison Of S Corporation vs LLC Whether you are establishing a business or trying to change the business module, the essential step is to locate and identify LLC vs S corporation. While an S corporation and a limited liability company LLC share a few properties and have many differences. You must

Delaware Series LLC law changes Small business holders thinking of creating a Delaware Series LLC should be aware of significant changes to the regulation that will take impact on 1 August 2019. A 183 Senate Bill that was supported by Delaware’s Governor the previous year brought about these changes, Why would a founder of a small organization create a series LLC?

When you establish your organization as a limited liability corporation LLC, you get advantages like an increment in business legitimacy, more tax techniques and assess safety. However, managing an LLC also involves continuing compliance obligations, such as preparing and submitting annual reports, fees, and taxes. Some countries additionally demand that LLCs provide specific initial reports

Florida LLC benefits – LLCs have unique benefits, such as asset protection and liability shielding. Discover the benefits of an LLC in Florida now!LLC Incorporating a Florida Limited Liability Company (LLC)business can provide many advantages. An LLC offers limited liability protection to its owners, which means that members are not held personally responsible for the debts and

Three Principles of Record keeping in Corporations and LLCs Countries often demand certain records be maintained by corporate and LLC businesses. Furthermore, keeping the data by country regulations is not only a smart business practice but also helps avoid potential dues and penalties if you do not. Usually, the data that companies and LLCs demand

Management Style for an LLC: Manager Management vs Member Management The organizations work is different attributes of the LLC Limited Liability Company and the LLC legislation. In most firm organizations, either all shareholders manage the leadership or management is distinct. With the help of LLC, the problem is something else. The members of LLCs are the founders, and they have the freedom of