Business Formation
There's more than one way to set up a business officially. Learn the differences between business types so you can pick the one that's right for you.
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How to Get an EIN for a Trust
Most trusts can use the grantor’s SSN while they’re alive, but this isn’t always the case. Here’s when a trust needs an EIN and how to apply for one.
· 5 min read
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Illinois LLC Operating Agreement: Why and How to Get One
As you start your Illinois LLC, one of the first steps is to create an operating agreement that outlines how your business will run and make decisions.
· 7 min read
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Differences Between Sole Proprietorship, Partnership, and Corporation
What’s better between a sole proprietorship vs. partnership vs. corporation? Consider how they are set up, the tax burden, and legal protections offered.
· 10 min read
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How Hispanic Entrepreneurs Get Their Business Ideas Off the Ground
Starting a new business is never easy. Here, experts share tips on how Hispanic small business owners are turning their business ideas into reality.
· 3 min read
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How SCORE Can Help You Launch Your Business
Starting a small business isn't easy, but SCORE, a nonprofit connected to the U.S. Small Business Administration, is dedicated to helping. Here's how SCORE's services can better position you for success.
· 4 min read
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How Hispanic Small Businesses Test Their Business Ideas
Hispanic small business owners share how they put their income-generating ventures to the test.
· 5 min read
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How to Buy a Franchise
Franchising experts offer insights that will help you understand how this turnkey approach to entrepreneurship works as you consider whether to buy a franchise.
· 4 min read
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Is a Partner in an LLC an Employee?
A partner in an LLC is generally not considered an employee, but members can be employees through an employment agreement that lists them as providing services to the LLC in exchange for compensation.
· 3 min read
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How LegalZoom Makes It Easy to Start an LLC
LLCs are beneficial to most small business owners. LegalZoom makes the process of setting one up simple.
· 4 min read
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How to Open a Nonprofit Bank Account
Learn how to open and manage a nonprofit bank account so you can keep your finances organized, build donor trust, and support your mission.
· 6 min read
