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DIY: How Do I Convert My LLC into a Nonprofit on My Own?

Moving from a for-profit to a nonprofit business requires a number of critical steps and considerations. You'll first need to ensure your business can gain tax-exempt approval, specifically 501(c)(3)...

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Can You Have Multiple Businesses Under One LLC? What Are the Rules?

Some business owners may have their fill with just one business. (Let’s face it, running a business can be demanding.) But what about going above and beyond and starting two or more businesses. How...

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Can Non-U.S. Residents Be Members of an LLC?

If you’re forming a new LLC or expanding the owners of an existing one, it’s important to know exactly who can be a member of an LLC.

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Single-Member LLCs vs. Sole Proprietorships for Your Consulting Business

When you first start your consulting business, it will be an exciting time with a lot of decisions to make. One of the important decisions is what kind of business structure you want to have. You...

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Should I Incorporate in Delaware or Illinois?

When it comes to forming your new business, the state you choose to incorporate in is vitally important. Perhaps you live in Illinois, but you’ve heard good things about forming in Delaware. Maybe...

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LLC vs. DBA: What Are the Real Differences?

If you’re starting a business, there are probably a couple of three-letter acronyms you’ve heard: the LLC and the DBA. LLC stands for “Limited Liability Company” and DBA stands for “Doing Business...

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LLC vs. Sole Proprietorship: Which One Is Right for Your Small Business?

In case nobody has told you this yet, congratulations on your new business! You deserve some credit for taking the leap. But now the work begins, and if you're like other new business owners, you...

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What Is an LLC? Super-Simplified Infographic

You’ve probably heard the terms “Limited Liability Company” or the somewhat easier to say “LLC.” But, what exactly is an LLC, and what benefits does it provide to you? Well, an LLC is a specific...

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Starting a Nonprofit? 5 Most Popular States to Begin Your Entrepreneurial Journey

Starting a nonprofit organization is certainly commendable and it can be an extremely rewarding journey. In some cases, you might even get “superhero” status from fellow friends, family members and...

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State-by-State LLC Filing Tips for Your Small Business — All 50 States

Forming a business is tricky. As a small business, one of the most important decisions is regarding whether to form an LLC or not. It’s like Morpheus asking, “Which pill will you choose?” The red...