THE Biggest Financial Mistake New Business Owners Make (and How to Avoid It)

THE Biggest Financial Mistake New Business Owners Make (and How to Avoid It)

You don’t NEED everything right away in order to start showing profits. In fact, if you can start your business lean, you’ll be better off in the long run. Businesses make their biggest financial mistake when they start spending money they don’t have.

Washington State & City of Seattle Business Licenses

Washington State & City of Seattle Business Licenses

The first $43,000 of revenue is tax-free for small businesses. But in order to reap these rewards, you first have to register your business entity with the Washington Secretary of State.

Tax Planning for Startups & New Businesses Forming a Corporation

Tax Planning for Startups & New Businesses Forming a Corporation

After you’ve formed a corporation, you need to understand how your business will be taxed. This will be different depending on what entity you formed.

What Is Ordinary Income and How Is It Different From Earned Income?

What Is Ordinary Income and How Is It Different From Earned Income?

Here we’ll go over the difference between ordinary and unearned income, as well as what each means for your business tax-wise.

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

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

If you are a green card holder (also known as a “permanent resident” by the U.S. government), you can perform any “legal work of your qualification and choosing.” These rights include the freedom to start a business in accordance with the laws of your state.

What Does a Disregarded Entity Mean for LLCs?

What Does a Disregarded Entity Mean for LLCs?

Let’s take a look at how the new tax law impacts disregarded entity LLCs, as well as some other reasons business owners benefit from this type of organizational structure.

Why a Series LLC Is the Best for Your Real Estate Investment Business

Why a Series LLC Is the Best for Your Real Estate Investment Business

A series LLC allows you to form a “master” LLC that functions as sort of an umbrella organization over multiple real estate LLCs.

How to Set up a DBA Franchise Business With an Existing LLC

How to Set up a DBA Franchise Business With an Existing LLC

Want to go much bigger than just your LLC can handle? Here's how you can set up a DBA franchise business under your existing LLC.

Freelance Writers: Here’s Your Guide to Understanding LLCs for Your Business

Freelance Writers: Here’s Your Guide to Understanding LLCs for Your Business

An LLC is not just a solid business model for marketers & consultants; it can be useful for writers as well. Here is your guide to understanding LLCs.

Manager-Managed LLC vs. Member-Managed LLC: Which One Is Right For Your Business?

Manager-Managed LLC vs. Member-Managed LLC: Which One Is Right For Your Business?

One aspect that many entrepreneurs fail to consider is whether to have a Manager-Managed LLC vs. a Member-Managed LLC. Which one is right for your business?