How to Change Your Sole Proprietorship to LLC
Suppose you are a freelancer, offering graphic design services. Everything is going well and the business is running smoothly as well, until a single client decides to sue you after a disagreement. Now, in this case, your personal assets, including your house, car, and personal savings, are at stake. That’s the hidden danger of running […]
What You Need to Know About LLC Operating Agreements
Imagine two friends launch a small design studio as an LLC. Business is running smoothly—until one wants to reinvest profits while the other demands a payout. With no written rules in place, the argument spirals into confusion, and suddenly the partnership feels like it’s falling apart. The missing piece? An LLC Operating Agreement. An LLC […]
How to Choose the Best State for LLC Formation
Choosing one state among the 50 states to form an LLC can be an overwhelming experience, considering every state has its own set of benefits, rules, and tax regulations. These terms and conditions impact the profitability and operations of your business. By selecting the best state to start an LLC, you can take your business […]
