What is the Difference Between a Registered Agent Address and a Business Address?
What is the Difference Between a Registered Agent Address and a Business Address? Many times when I assist companies that have used a cheap LLC or corporation formation website or chose to form the business themselves, I find the common mistake of not understanding the importance of the registered agent address and the business mailing […]
What To Do After You Form Your Business Entity?
What To Do After You Form Your Business Entity? After forming your LLC or incorporating, many owners forget there are still steps to take to ensure that your business operates efficiently and legally. There are some important distinctions between merely forming an entity and operating that entity. Here is a short checklist for what to […]
Doing Business in Texas: Business Liability
Doing Business in Texas: Business Liability Perhaps the top consideration for any business owner is the type of liability they may face for operating a business. There are contractual liabilities and tort liabilities. Contractual liabilities are those that arise out of a contract. Tort liability occurs as when a wrong is committed against another, it […]
How to Acquire a Company
How to Acquire a Company Acquiring a company is a major decision and can be a market multiplier for expanding your business. Acquisitions can be a smart and fast way to build your business and expand into different products, services, or geographic areas. Businesses need to take caution when merging or acquiring another company. The […]
What is a Series LLC?
What is a Series LLC? The series LLC is the newest form for business entities in Texas, being created by the Texas legislature in 2009. The Texas Business Organizations Code authorizes a series LLC to have an unlimited number of segregated ‘cells’ of membership interests, assets, and operations independent of the parent LLC and other […]
What is the Difference Between a C Corporation and an S Corporation?
What is the Difference Between a C Corp and an S Corp? Small business owners often have the option to designate their corporation as an S Corporation or a C Corporation. Each option has many similarities but key differences in federal tax treatment that may provide advantages to your business goals. A C Corporation, also […]
What is an LLC?
What is an LLC? A limited liability company (LLC) is a hybrid business organization that blends the limited liability advantages of a corporation with the tax and management benefits of a partnership or sole proprietorship. An LLC can be owned by an unlimited amount of owners, called members. These members can be any entity including […]