Unlocking Your Business Potential
Who owns the assets of a dissolved LLC? The final step of dissolution involves distributing the company’s remaining assets among the owners (a.k.a. shareholders). The assets may include the money kept in bank accounts or obtained from disposing of the company’s non-cash assets. Read more on www.upcounsel.com Upon dissolution of a limited liability company (LLC), … Read more
How do I incorporate a business in Vermont? To start a corporation in Vermont, you’ll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Secretary of State, Corporations Division. You can file this document online or by mail. The articles cost $125 … Read more
Doing business in Connecticut is any activity carried out in the state with the purpose of earning a profit. A company is deemed to be conducting business in the state, in accordance with the Connecticut Department of Revenue Services, if it satisfies any of the following requirements: Has employees in Connecticut, even if they work … Read more
How do I check the status of my LLC in Michigan? Contacting the local Secretary of State (SOS) office via Phone or Email is free and is the most reliable way to check your business name availability. Online, you can search for Michigan businesses entities for free via the Michigan Department of Licensing and Regulatory … Read more
What is an LLC in NH? A New Hampshire LLC allows a person or persons to form and operate a legal business entity within the state and provides owners with limited liability. Read more on www.upcounsel.com You might want to think about setting up an LLC if you intend to launch a business in New … Read more
Is a registered agent required in Kansas? A Kansas registered agent, known as a resident agent in Kansas, is required by law for every formal business in the state of Kansas. A registered agent receives all official paperwork from the State of Kansas, they also receive any service of process a business may be served … Read more
Is my LLC in good standing in Arizona? If a corporation or LLC is listed in our records, it means only that the entity was created or registered in Arizona. If the entity is shown to be “”in good standing,”” that means only that it is currently in compliance with filing requirements under Arizona law. … Read more
What are some drawbacks to a sole proprietorship? Here are some of the top disadvantages of sole proprietorship to consider: 3 disadvantages of sole proprietorship. No liability protection. No liability protection. Harder to get financing and business credit. It’s harder to sell your business. Read more on www.nerdwallet.com One common business structure among entrepreneurs, particularly … Read more
How do I sell my LLC in NC? How to Sell Your LLC and Transfer Complete Ownership Review your Operating Agreement and Articles of Organization. Establish What Your Buyer Wants to Buy. Draw Up a Buy-Sell Agreement with the New Buyer. Record the Sale with the State Business Registration Agency. Read more on www.connect2capital.com It … Read more
Can an LLC have a parent company? An LLC can be organized as a parent company using trade names. When a business wants to acquire another company, they often use parent corporations. Since an LLC (unlike a partnership or sole proprietorship) is a type of corporation, it can be used as a parent company. Read … Read more