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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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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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Can Green Card Holders Set up an LLC in the U.S.?

The United States is known as a land of opportunity for entrepreneurs, whether they’re natural-born U.S. citizens or immigrants from other countries.

If you are a green card holder (also known as a...

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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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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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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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LLC Ownership Rights: How Do You Change an LLC Member's Percentage Share?

In business, as in life, things sometimes change. LLC ownership percentage may need to be adjusted from time to time to meet new demands, manage new circumstances or welcome new partners. The good...

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Can I Own More Than One LLC?

For many small business owners, forming and operating one LLC is plenty to keep them busy.

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