Your business didn’t just fall into your lap, so don’t expect passing it on to a new owner will be any easier. Whether you are looking to retire or want to have a plan in place in the event of your passing, you will need legally-binding documents in place if you wish...
Small business is what drives our economy; two-thirds of new jobs are created by small businesses, and almost 50% of the US gross domestic product comes from family-owned businesses. Small business is so important that President Obama recently proclaimed this week...
Smart business owners have their companies organized as a corporation or a limited liability company to protect their personal assets from business liabilities, since these business structures provide what is known as a “liability shield”. However, this liability...
New Years is a great time for business owners to evaluate where they’ve been and look forward to where they are going. It’s also a good time to implement systems and strategies to get you where you want to be in the future. Here are Kimberly’s top...
Prospective business owners often ask, “which is better – a corporation or an LLC?” Of course, the answer is that it depends on your circumstances and the business you plan on running. In some cases an LLC is best, while in others an S-Corp is favorable, and in...
