If you’re starting a limited liability company (LLC), you may think that the formation documents you filed with your state are all you need to get your business up and running. While those documents are important, they don’t provide all the guidance and protection you need as a business owner. That’s where an operating agreement...
Moving to another state as a business owner should always prompt the question: Should I move my company? The process of moving your company to another state is normally called domestication. To add some confusion, some states also call it conversion, and I have heard people also refer to it as a company transfer. Regardless,...
This blog covers information to help perspective business owners choose which type of entity to form. It, however, does not cover tax considerations in making that decision. Tax considerations need its own blog. In the United States entities are formed under state law. We have fifty states in the country, and each state drafts its...
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