Forming Your Business

Picture this. You have an idea – one that you are passionate about. Recently, you have realized that this idea could be a source of not only fulfillment but financial gain. This is the beginning of your journey as a...

Many people are afraid to start their own company because they think that it is riskier than having a steady paycheck week to week. If the company’s income decreases by 50%, you lose half your money, right? Actually, no. Most...

Let’s talk about entrepreneurship. There are so many people that don’t have entrepreneurial experience but would make great business owners if they just gave themselves the chance. We’re all scared of the unknown, but I’m going to tell you why...

What is the Difference Between an Amateur and a Professional? The definition of an amateur is a person considered contemptibly inept at a given activity. The definition of a professional is a competent, skillful and assured human being. So, I...

You’ve had a ‘lightbulb’ moment, but where do you go from here? We speak to Jonathan Sparks, who offers creative legal ideas to keep the fuel burning in every entrepreneurs’ truckload of thoughts and ideas; we ask him: how does...

It happens too often: I sit down for the first time with a client who has spent thousands of dollars marketing their brand name only to find that the brand they’ve fallen in love with, and spent countless hours developing...

A sole proprietorship is an unincorporated business owned and operated by a single individual. It is one of the simplest structures under which a business can operate. Under this structure, there is no distinction between the business and the owner....

An Operating Agreement is a document that outlines the financial and working relationships of the owners in a Limited Liability Company(LLC). The Operating Agreement allows business owners to set their percentage of ownership in the LLC, that is each owner’s...

When forming a business, you have to decide what type of legal entity it’s going to be. Partnerships are common for small businesses because it’s easy to set up guidelines under which the business will operate. A partnership also ensures...