There are many factors to consider when deciding whether to change the structure of your small business especially if it is growing and expanding. By this, for any type of change, it is important to make sure that you complete all the notifications and registrations required by the state law. If you need help in implementing the business structure that is the most advantageous for your individual circumstances, consult with us so we can guide you step by step with the process.
Taking a break from your business will not only help your business and employees, it will also help you mentally, physically, and/or spiritually. While it can be hard to leave your business that requires your daily attention, taking a break will benefit it in many ways. A retreat will help your employees gain great learning opportunities and helping you discover business ideas as well as connect with other entrepreneurs.
You might think your corporation and limited liability company (LLC) will protect your personal assets, that may not be the case if you aren’t careful in the way you’re running your business or handling finances. There are several circumstances that can lead you to be personally liable for corporate or LLC debt. Here are some things to consider if are thinking of incorporating or already own a corporation or LLC.