When you started your limited liability company (LLC), the last thing you probably had on your mind was ending it. Many LLCs are created for specific purposes, however, and when that purpose has
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When you started your limited liability company (LLC), the last thing you probably had on your mind was ending it. Many LLCs are created for specific purposes, however, and when that purpose has
An Employer Identification Number (EIN) is a type of Tax Identification Number (TIN). There are many kinds of TINs, including Social Security Numbers (SSNs). An EIN is like a SSN but is used
Business owners must constantly weigh risks versus rewards when evaluating growth strategies. One such example is investing in the ownership of commercial property, which involves more responsibilities and expenses than leasing a space.
New beneficial reporting requirements under the Corporate Transparency Act become effective January 1, 2024, and will require small business to report information about their owners. Congress’s aim is to prevent criminals, terrorists, and
Cash flow measures how much cash is flowing in and out of a business, and a positive cash flow is one of the strongest determinants of a business’s success. It shows that a
Last week our own Doug Davis was a guest on WNIS radio's "Ask the Expert" show. WNIS has been providing live local news, talk shows and nationally syndicated shows to Hampton Roads listeners
You have invested your money, time, and sweat equity to build a company that will be successful for years to come, but even if you make all the right business moves, unexpected costs
Many entrepreneurs love the challenge of starting a new business and creating everything from scratch. Others like the idea of buying an existing business in order to eliminate the initial legwork of establishing
Launching a home-based business requires the same preparation needed to start any new business. The actual requirements for a home-based business depend on the type of business you are interested in forming. Here
A Nonsolicitation Agreement prohibits an employee from soliciting business contacts gained at your company, after they begin working for a new company. Nonsolicitation Agreement vs Noncompete Agreement? Both agreements are types of restrictive
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