June 12, 2018

A lot of entrepreneurs have multiple ideas for starting different types of businesses.  There are several ways these separate businesses can be structured.  It is very important to form these businesses correctly from the start to maximize liability protection.


Who should have an Operating Agreement?

All LLCs, even single member LLCs, should have an operating agreement. An operating agreement is a document which describes the operations of the LLC and sets forth the agreement between the members (owners) of the business. An op...

It is a good idea to have both limited liability protection and liability insurance for your business.  Both liability insurance and limited liability protections help to minimize the risk of financial losses as a result of a lawsuit.   It has been said that one in thr...

March 10, 2018

When you start working to sell products or services from your home, you are running your home based business as a sole proprietorship.  As a sole proprietor, if you end up being sued, your personal property is not protected and your family’s assets are put at risk of b...

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Should you form a business entity for your home based business?

March 10, 2018

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