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Steps to starting a business – part II: ancillary considerations

In part I of “Steps to starting a business,” we covered the five essential steps to establishing your business, including your Federal Employer Identification Number, state formation documents,…


Businesspartners meeting at a cafe

Steps to starting a business – part I: the essentials

So you want to start a business… Maybe you have a big idea, have thought about or are in the process of creating your own company. It can be overwhelming to map out how to bring your idea to life or…


Entity types

Entity types: which option is best for my business?

The first decision most entrepreneurs face when starting a business is to choose its structure or entity. Entity choice is a critical decision, as it has far-reaching legal and tax consequences. At…


Business people discussing a contract

The three most expensive mistakes a new business can make

I was a trial attorney for over a decade before pivoting to a legal practice dedicated to keeping clients out of the courtroom. Though we prevailed in nearly every case, my clients usually found the…


Tax ID

What does it mean to have a Tax ID?

Every person born in the United States is assigned a Social Security Number (SSN) at birth. This number is used by the Social Security Administration (SSA) and the Internal Revenue Service (IRS) to…


Is an LLC right for me?

Find Out Why an LLC is The Most Popular Business Entity

One of the most important decisions you will make as a new business owner is the legal structure of your business. This structure – also known as an entity – determines the income tax return form you…