Fundera

NOVEMBER 4, 2016

Always incorporate or form an LLC to protect your assets, conduct a search and register for a trademark to keep original work from being plagiarized, and if you’re seeking a tax friendly haven, head to Delaware or Nevada. The post Move Over, Delaware and Nevada! Holding the number one spot is none other than the Cowboy State.

Small Businesses 87

Small Businesses 87

Fundera

JUNE 21, 2019

As of 2019 the states with a type of franchise tax were: Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Mississippi, New York, North Carolina, Oklahoma, Tennessee, and Texas. Delaware has some of the highest franchise tax of any state that collects it. Only some states have businesses pay some sort of a franchise tax.

Small Businesses 49

Small Businesses 49

Fundera

DECEMBER 23, 2019

When you’re starting a business , especially an LLC or corporation, you might find that a business address is required for some of the steps to get started and do business. Registering your business entity , such as an LLC. Do you need a business address for your LLC or other type of company? Opening a business bank account.

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Fundera

FEBRUARY 24, 2019

Entrepreneurs may incorporate as a benefit corporation much like they would a limited liability company (LLC) or corporation. However, unlike LLCs or corporations , incorporating as a benefit corporation means doing a bit more than simply filing an application. What Is a Benefit Corporation? Are the rules any different?

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Fundera

MARCH 2, 2017

You can check the status of your Delaware entity online , but if you need an official certificate, you’ll have to submit your request in writing using their Certificate Request Cover Memo. The search for good standing status in the state of Illinois asks you to define your business between Corporate and LLC, Corporate, or LLC.

Transactions 85

Transactions Small Businesses 85

Fundera

MAY 18, 2017

With the exception of Delaware, there may be no better place to start a small business than Texas, which has the advantage of the nation’s second-largest population and a number of fast-growing metropolitan areas. Limited liability company : An LLC is created by filing a certificate of formation with the Texas secretary of state.

Credit and Collections 77

Credit and Collections Credit Unions Small Businesses Insurance Companies 77

Fundera

JANUARY 13, 2019

You can check the status of your Delaware entity online , but if you need an official certificate, you’ll have to submit your request in writing using their Certificate Request Cover Memo. The search for good standing status in the state of Illinois asks you to define your business between Corporate and LLC, Corporate, or LLC.

Transactions 75

Transactions Small Businesses 75

Fundera

DECEMBER 3, 2018

Incorporating a business, either by establishing a corporation or a limited liability company (LLC), is a fairly straightforward process—as long as you’re organized and have all the documents you need in order. For example, two restaurants can’t be called Tasty Food LLC or Tasty Food Inc. Purpose of the LLC.

Small Businesses 80

Small Businesses Transactions 80

Fundera

AUGUST 7, 2019

In several states, licensed professionals have the option to form a professional limited liability company (PLLC), which is a variation on the regular limited liability company (LLC). . What’s the Difference Between an LLC and PLLC? Other benefits of LLCs include tax flexibility and relatively low setup costs. Charlton M.

Law Firms 54

Law Firms Credit and Collections Transactions 54

Fundera

JUNE 11, 2019

What Is an LLC Operating Agreement? An LLC operating agreement is a legal document that outlines the governing structure of the LLC, as well as the rights and responsibilities of each owner. If your business entity is structured as a limited liability company (LLC), then you’ll need to create an LLC operating agreement.

Default 78

Default Transactions Small Businesses 78

Fundera

MAY 1, 2018

Operating across 19 states throughout the East Coast and Midwest, the Delaware-based bank has 2,600 branches and 9,000 ATMs. Besides that, maintaining separate checking accounts is absolutely necessary if your business entity is structured as an LLC, an S-corp, or a C-corp.

Small Businesses 45

Small Businesses Transactions Credit and Collections Nonprofit Organizations 45

Fundera

NOVEMBER 27, 2018

Converting from an LLC to a corporation is more complicated because you are fundamentally changing the ownership structure of the business. Statutory merger (medium) – Have the LLC members form a new corporation and formally exchange their membership rights for shares of stock in the corporation.

Transactions 75

Transactions Small Businesses 75

Fundera

OCTOBER 23, 2018

What’s the Difference Between LLC vs. Corporation? Both LLCs and corporations are registered business entities that shield owners from personal liability for the business’s debts and obligations. LLCs have fewer governance requirements and can choose to be taxed as a C-corporation or pass-through entity.

Small Businesses 95

Small Businesses Deductions Default 95