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Is a Physical Address Necessary for Your Business?

Is a Physical Address Necessary for Your Business? As business owners go about establishing their operations, there’s an important question that needs to be answered: What will be the registered address of the new entity? In cases where the business has a dedicated physical brick-and-mortar location, the answer is clear—but an increasing number of businesses […]

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How to Compose an Operating Agreement for an LLC

How to Compose an Operating Agreement for an LLC Starting a limited liability company (LLC) can be an exciting venture for entrepreneurs, as these types of businesses offer flexibility, protection from personal liability, and potential tax benefits. However, laying the foundation for successful operations involves more than just the legal formation of the business; it

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S Corp vs. C Corp

S Corp vs. C Corp: What’s the Difference?

S Corp vs. C Corp: What’s the Difference? For entrepreneurs and professionals navigating business structures, understanding what is S corp and C corp is essential. Below, we’ll highlight the difference between S corp and C corp, as both options offer unique advantages and constraints, tailored to fit diverse business needs and goals. What Is a C Corporation? A

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How Licenses Protect Both You and Your Business

How Licenses Protect Both You and Your Business

Starting a business is an exciting adventure. Amidst all the excitement, it’s easy to overlook some of the mundane tasks involved – like applying for a business license. The type of business license you get depends on the kind of business you’re operating. One important type of business license that nearly every business needs is

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BBB For Restaurants

Better Business Bureau: Why You Should Apply to Become an Accredited Business

Trust is a major buying consideration for many customers, especially as more businesses move their operations online. While earning a customer’s trust can be a gradual process, joining the BBB instantly and effectively proves that your business is worth trusting. What Is the BBB? Founded in 1912, the Better Business Bureau (BBB) is a non-profit

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How to Turn Your Idea into a Business: a Step-by-Step Guide

How to Turn Your Idea into a Business: a Step-by-Step Guide

Even if you’ve got a dozen great ideas for lucrative business opportunities, turning one into a real enterprise takes proper planning, effort, and investment. By taking it one step at a time, however, you can make the process clearer and less intimidating. Map Out a Plan of Action with Clear Deadlines To make sure you

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Sole Proprietorship Explained: Pros and Cons

Sole Proprietorship Explained: Pros and Cons

What is sole proprietorship? It’s a type of business enterprise that is owned by one individual. One person is responsible for the entire business, and there is no legal difference between the owner and the business itself. If you’re going into business as a sole proprietor in California, you may need a California seller’s permit verification to

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Opening a New Location? Ways to Raise Capital

Opening a New Location? Ways to Raise Capital

There’s nothing more exciting than knowing your business is growing and making plans for its expansion. However, in order for that expansion to be successful, you must ensure financial stability. Going online to get a wholesale license in California is a smart move, as is knowing how to get funding for a business. Maintain a Healthy Credit

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