Many small businesses start out as a sole proprietorship or a partnership, but then eventually transition to another entity. Form an LLC or corporation to protect your personal assets from any liabilities of the company. CorpNet’s newly launched Business Structure Wizard can help entrepreneurs understand the differences between business structures . Continue reading “Back To School – Back To Business – Legal Checklist For Entrepreneurs”
Back To School – Back To Business – Legal Checklist For Entrepreneurs
Many small businesses start out as a sole proprietorship or a partnership, but then eventually transition to another entity. Form an LLC or corporation to protect your personal assets from any liabilities of the company. CorpNet’s newly launched Business Structure Wizard can help entrepreneurs understand the differences between business structures . Maintain a Registered Agent:What is a registered agent? Also sometimes called a “resident agent” or “agent for service of process,” a registered agent is an entity (individual or company) officially recognized by your state to accept service of process on behalf of your business.