Business Law

Can my LLC affect my personal credit? If you are operating as an LLC or corporation, a business bankruptcy under Chapter 7 or 11 should not affect your personal credit. Pay the debt on time and your credit will be fine. If it goes unpaid, or you miss payments, however, it can have an impact … Read more

Creating a clothing line can be a thrilling endeavor, but there are several legal issues to take into account. One of these things to think about is whether your apparel brand needs a DBA (Doing Business As). Because it relies on a number of factors, the answer is not a straightforward yes or no. Let’s … Read more

Do I need a business license to sell online in Massachusetts? Who needs a Massachusetts business license? Any business that sells taxable goods or services needs a Sales and Use Tax Registration Certificate. Read more on howtostartanllc.com If you live in Massachusetts and want to sell goods or services online, you might be wondering if … Read more

What are 3 disadvantages of an LLC? Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Transferable ownership. Ownership in an LLC is often harder to transfer than with a corporation. Read more on www.wolterskluwer.com A … Read more

Can you use a PO Box for LLC in Kentucky? A Registered Agent is a person or company who agrees to accept legal mail on behalf of your Kentucky LLC in case your business gets sued. Your Registered Agent must have a street address in Kentucky (PO Boxes are not allowed). Read more on www.llcuniversity.com … Read more

A common business structure that gives its owners the advantages of both a corporation and a partnership is an LLC, or limited liability company. Articles of Organization must be filed with the state in order to create an LLC, and an incorporator must be chosen to handle the initial paperwork. However, what precisely is an … Read more

What’s next after you get your LLC? What is the next step after forming LLC? There are nine next steps after forming an LLC: create an operating agreement, get an EIN, register for taxes, get an accountant, apply for business licenses and permits, open a business bank account, get insurance, establish your web presence, and … Read more

Do you need a physical address for an LLC in Delaware? No, you do not need to have a business address or office in Delaware. Many corporations and LLCs that are incorporated in Delaware do not have a physical business address in the state and have only incorporated in Delaware to have the business internal … Read more

What are bylaws for S Corp? S corp bylaws are essentially a set of rules established by a corporation’s board of directors. Created when a corporation is first formed, this helps protect the company as well as the corporation’s shareholders. Read more on www.upcounsel.com The day-to-day management and activities of a S Corporation are governed … Read more

Why would an LLC use a DBA? A “”doing business as,”” or DBA, under LLC helps a lot of business owners to properly manage their finances and to ensure that their business and personal finances are separate. Read more on www.upcounsel.com Due to their adaptability and protection of personal assets, Limited Liability Companies (LLCs) are … Read more