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Every entrepreneur creating an LLC dreads an IRS visit, but a new video on the IRS website helps small businesses prepare and organize for a possible audit. The IRS has created a convenient and easy-to-use video, Your Guide to an IRS Audit, that business owners can view at any time, writes Laura Strachan at FindLaw.com. [...]

Entrepreneurs forming an LLC know that when a business is just starting out, doing even the small things themselves can save money, but once the business begins to grow they must transition to becoming a leader instead of a micromanager. Letting go of the "busy work" and delegating it to employees or outside services is [...]

Entrepreneurs planning for incorporation can get off to a good start by avoiding some common mistakes made by new businesses. "Starting out on your own in a new small business can be exciting and, hopefully, very profitable," writes Linsey Knerl at Investopedia.com. "Not taking the time to research and prepare for the unexpected, however, could [...]

Marketing directly to small businesses is a way for LLCs to access a larger customer base, according to management consultant Harvey Schachter writing in Toronto’s Globe and Mail. Small businesses often have a mix of consumer and business demands, which requires a dedicated effort to provide them with the services they seek. "Develop products specifically [...]

Entering the world of business in the 21st Century and forming an LLC requires a knowledge of the marketing capabilities of social media, and business consultant Ivana Taylor lists the most insightful books about the phenomenon at Small Business Trends. The Digital Handshake: Seven Proven Strategies to Grow Your Business Using Social Media, by Paul [...]

A green marketing campaign can help any entrepreneur forming an LLC add a unique advertising aspect and get a new business off to a good start. Using environmentally friendly products or services goes beyond just saving money and the environment, according to University of Massachusetts professor Steven White. "Green marketing for small businesses is really [...]

With the benefits of technology too big for any business to ignore, entrepreneurs forming an LLC can use several free web applications to enhance sales, automate operations and reduce expenses. There are a number of reliable applications on the internet that entrepreneurs will find helpful for communication, documentation and accounting, according to Under30CEO.com. It starts [...]

A new LLC can use bootstrapping techniques to help improve finances and get the business off to a good start, according to Young Entrepreneur. Bootstrapping – using outside assistance to finance a startup at minimal cost – can often help entrepreneurs reserve the cash flow they need to maintain business operations in the first few [...]

The U.S. Small Business Administration is playing "matchmaker" this month by bringing together entrepreneurs forming an LLC with potential lenders. The Philadelphia office of the SBA is holding four events this month that will give startups and entrepreneurs the chance to meet with potential lenders and set appointments for more intimate meetings at a later [...]

Finding the right location is important for any entrepreneur forming an LLC, and there are ways to transform a potentially bad location into a hub of activity. Heavy traffic areas are often sought by small business owners, but too often the traffic is just passing through and won’t necessarily stop, according to business consultant Gladys [...]

Finding a potential lender for a small business is difficult, but preparing a business plan and practicing for the interview can help improve the likelihood of loan approval. A business plan should include three years of financial history and a comprehensive forecast, as well identifying how the loan will be repaid, according to Small Business [...]

The experiences that come with starting a new business and forming an LLC can help entrepreneurs refine a product or service and identify the path to growth. The "firsts" of a new business are golden opportunities, and small business owner Dave Wilkin recalls in Toronto’s Globe and Mail the lessons about service and vision he [...]

Negotiating a lease with the landlord and reviewing the impact that real estate values can have on taxes are effective ways for entrepreneurs who are forming an LLC to reduce their expenses and get new businesses off to a good start. Using comparable real estate data from other commercial properties in the area can help [...]

The U.S. Small Business Administration is putting an emphasis on making capital accessible to small businesses and entrepreneurs forming an LLC in order to stimulate economic recovery. Karen Mills, head of the SBA, told USA Today that her agency will address the "Three Cs" – Capital, Counseling and Contracting – to help the country recover [...]

Enhancing the content on a business website by using action-oriented words can make it easier for entrepreneurs forming an LLC to convert visitors into customers. The text and content on a website should act as a set of instructions for visitors, clearly identifying what the "next step" is, writes Stoney deGeyter at Search Engine Guide. [...]