Investors prefer corporations for a variety of reasons that we'll cover in this article. If you're seeking an investment in your company now or in the near future, I'd seriously consider the …
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What Are The Different Business Entity Types?
When you start a business, you need to consider the business entity type you're going to operate as. If you don't choose a type, one will be chosen for you. The default options area almost always the …
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Can I Convert a For-Profit to a Nonprofit?
Whether or not you can convert a for-profit business into a nonprofit one is a complicated question. The short answer is yes. However, you have to do this properly. First off, there's a huge …
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Going Full Virtual
I'm writing this process piece because I'm going full virtual in my businesses. It's been a long time since I wrote one of these process articles. I stopped because I was going through a really rough …
How is Estate Planning Different for Business Owners?
For the most part, estate planning is the same for a business owner as it is for everyone else. Your goal is to ensure your assets go to the right people, your family is protected, and limit the …
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Different Types of Liability
We all know broadly what liability means. If you make a mistake, hurt someone, or owe someone, you're liable to them. However, there are a lot of different types of liability, and each ones comes with …