One of the first steps in forming a business is choosing the right entity based on how you intend to structure your company. There are five overarching types of business structures. Types of business entities The five main types of business entities include: A sole...
Whether your business has hit a rough patch that you can not get out of, or it is thriving so much that you are struggling to manage it, there can be many situations where you might consider selling your business. You may find yourself thinking about selling it, even...
The idea of starting your own business can be exciting for many reasons. That said, it can also be an intimidating thought as well. While it can be a complex endeavor, you should not necessarily discourage yourself from entrepreneurship. By taking the time to look...
If your family has a successful business, you may have found a job waiting for you when you finished your education. Even if you are happy with your position, you may wonder if you want to devote your entire career to the family business. You may also question whether...
If you are starting a business in the state of Tennessee, you generally have the right to organize it as a limited liability company, or LLC. One of the potential benefits of creating an LLC is the ability to select how you would like the entity to be taxed. In most...
Partnering with a venture capital firm may be an ideal way to obtain financing for your Tennessee business. However, only a handful of companies will actually receive funding from this type of investor. It may be possible to improve your odds of receiving venture...
You may be a brand-new business owner in Tennessee and excited about the formation of your new company. There are various business structures to choose from that all affect taxes in varying ways. You may be interested in forming an LLC to meet the goals that you have...
Many business owners who opt to set up limited liability companies point to the liability protection that the business structure provides as a major reason for doing so. For legal purposes, LLCs are viewed as separate entities from their owners. This protects the...
For more than two months, your business has struggled due to COVID-19 restrictions. You have done what you can to service your customers in limited ways. But the revenue has been just a trickle compared with what you and your remaining staff were accustomed to for...
When you started your business you may have known about the requirement limited liability companies and corporations have of working with a registered agent.You may not have known the reasons for this requirement - and how it ultimately benefits your business. A...
