Forming an LLC For Your Company
by Don Smith
All products and services featured on this site are independently selected by our authors and editors. If you buy something through links on our site, we may earn an affiliate commission.
I recently officially registered The Personal Growth Channel LLC as an LLC (Limited Liability Company). If any of you have been in business for very long, you know that eventually, you have to get your employee identification number (EIN), pay your taxes, and jump through all those legal hoops that most entrepreneurs don't want to mess with or you will be limited on how far you can take the business, and it can catch up to you with significant penalties.
Just in case you were thinking of creating your own business, I have to say that services like zenbusiness are pretty painless.
They have a complete checklist that is pretty comprehensive, and they do most of the paperwork for you. If you have ever thought that you should be doing this with your business, you should. It took me less than an hour to get through everything.
About the Author
Don Smith
Happily married with five kids, Smith owns a technology company, is the founder of this site, has served on the board of directors for multiple companies, and loves playing soccer, hiking, and mentoring.
Book of The Month: Born to Run by Bruce Springsteen
Bruce Springsteen is one of the world's best-selling music artists of all time with more than 135 million records sold. He has
Opening a New Location – Top Tips for Business Owners
Congratulations, you have decided to open the next location for your business! Whether this is the second store or the latest addition
How Much Cash You Need to Start a Business
Wondering how much cash you need to start a business? Former bank director and business consultant Don Smith discusses this issue. Keep
What I Learned From Reading Thousands of Books
I consider myself a lifelong learner. I've read thousands if not tens of thousands of books at this point, including at one
Personal Development Book of The Month: Strengthsfinder 2.0 by Tom Rath
How many of us have concentrated a significant amount of our efforts on getting rid of ourweaknesses in our pursuit of personal
If You Want Something Done, Ask a Busy Person!
Have you ever heard the phrase, “If you want something done, ask a busy person?” How about, “Objects in motion tend to
What to Look For When Hiring a Small Business Coach
Most small business owners consider hiring a coach at some point in their journey. According to a former bank director and small
Best Social Media Practices For An Entrepreneur In 2020
Social media is not just a place to express yourself and post about your personal stuff. In 2020, brands are trying to
Streamline Your International Expansion by Collaborating with a PEO
PEO stands for ‘professional employer organization’ and is also known as a co-employer. PEOs perform a range of tasks including managing the
How to Create an LLC: Making Your Business Official
If you want to create an LLC for your business, this is the article for you. As a business consultant, I've tried
Simplify
Lately, life has been chaotic. Board meetings at night, long work days, 5 kids that need to be everywhere at the same
How to Create an Advisory Board for Your Business
If you look at any major public company in the world, you'll notice one common thread. They ALL have a board of