As someone starting out on your business venture, one of the first things you want to do is decide what business formation works best for your purposes. There are plenty of different business formations out there, from S Corporations to LLCs. But which one works best...
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Business Formation
Key considerations when choosing a business structure
When you have an idea for a startup in Oregon, you need to figure out what type of legal structure to adopt. This decision has many implications. It may impact everything from how you pay business taxes to the compliance requirements to which you must adhere. Per...
What makes a good business partner?
Starting a business with another person is a huge decision to make. You will have to commit to working with this person and leaning on him or her for your financial security. Your choice in a partner can make or break your business venture, so you must make sure you...
How to form a corporation in Oregon
If you have decided that a corporate structure makes sense for your business, your next step is to form an Oregon corporation. You must abide by all reporting requirements to keep your corporation in good standing with the state. Review the process of creating a...
Planning how to pass on your business?
As a business owner, it is crucial that you make plans for how you will pass on your business. After all, business succession planning will ensure that your work carries on even after you are no longer the head of the company. You have plenty of options available when...
3 things to do when starting a business
Anyone can start a business, regardless of experience or educational background. However, becoming an entrepreneur is not something that you improvise as you go. It takes careful planning and consideration beforehand to establish your company on a stable footing so...
Should you form an LLC?
As an entrepreneur, the first thing you need when starting your new business venture is a strong foundation. You can go about this by choosing the best possible business formation for your endeavor. But how do you know which one to pick? There are many business...
3 common business structures
Choosing a business structure is one of the most important decisions you must make when starting a new company. The structure you choose informs so many of the other aspects of operating your business, including raising capital, assuming liability, paying taxes and...
What to know before forming a business partnership
When starting, all business owners face the decision of how to structure their companies. They may choose from sole proprietorships, partnerships, limited liability companies and other structure options. With various formation types available, some may struggle to...
Do not believe these 3 succession planning myths
If you have grown a startup venture into a successful company, you undoubtedly have an eye on the future of your business. Eventually, you may want to retire or step aside to focus on something else. Having a comprehensive business succession plan is an effective way...
