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Posts tagged "Business Formation & Planning"

New businesses in California take vital planning

Let's start a business! It's a vital part of the American dream to be your own boss and make your best ideas a reality. Maybe you won't get rich, but you may be happy and support your community and your industry with jobs and innovation. But if you want to get to success with an independent business, you have to put some preparation into it.

Why does it matter how a business is legally organized?

When it comes to starting a construction business, Californians are going to have a lot on their minds. Where should the headquarters be? What is your operating capital? If a question about the form of the business is not one of your first few questions, however, it may be best to stay home.

Partnerships can help businesses expand

Starting your own business is one of the best ways in California to declare your independence. It is one of the most American acts to take on all of your own potential while also taking on all of the risk in a business venture. Therefore, it's very important to plan a business' creation or expansion carefully to avoid failure.

How does the type of corporation affect taxes?

When someone is pursuing a dream, she or he is more likely to succeed if planning is involved. It is the same when someone is chasing a good business opportunity, and it is especially true when both are the case. Although it may seem insignificant for small businesses, the type chosen for a company or corporation can save vital assets and resources from taxes and liability.

Bankruptcy filing puts business formation under public scrutiny

The legal form a business should take is often not the most attractive thought for an entrepreneur in California, but the right plan for a commercial entity is one of the earliest and most important decisions to make. The legal form of a business dictates how it is run, who can manage it and how its proceeds are taxed.

What is the right type of business entity for your company?

There are many types of business structures that can be used in the construction industry. The right legal structure for a business is one of the most important decisions entrepreneurs have to make. Knowing the key advantages and disadvantages of different business entities is vital in the early stages of your business.

Lack of internet access endangers rural California

The expansion of states' and municipalities' legal requirements on the internet has made resources for businesses more accessible than ever. Many businesses can file important documents, legally required reports and even their taxes online.

Should you buy an existing construction company?

You want to start your own construction company. It is a dream you have had for a number of years now, and you are finally ready to make the transition from working for someone else to being in charge yourself.

Tips for starting a construction company

You have been doing construction for the last 15 years. You went to school for it and then spent years working for a local company. Now, you are ready to branch out and start your own construction business. You're tired of being an employee and you want to run things.

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