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Additional Issues For Business Startu...

ADDITIONAL ISSUES FOR BUSINESS STARTUPS Business Startup Checklist II   Joint Venture Agreement (Determine Duties and Responsibilities of Participants) Protect Your Assets. Establish Separate Entity (Personal Asset Protection) Determine Type of Organization (Corp, LLC, etc.) (Avoid Double Taxation) S-Corp Election, if entity qualifies. Bylaws, Shareholder Agreement or Operating Agreement Fed ID Number for Business Banking […]

Business Acquisition

Business Acquisition Checklist for Buying or Selling a Business The following is a general checklist of issues that typically should be addressed in a Business Acquisition Agreement, when buying or selling a business. Formation of new Legal Entity or Entities (for purposes of, for example,  acquiring the Business Assets, purchase property, enter into lease, etc.). Offer […]

Start with a New Business Checklist

New Business Checklist 1. Gather Your Team of Professionals (Legal, Tax/CPA, Bank Rep., Insurance agent) 2. Confirm in writing the promises made by each Participant (roles, duties, responsibilities and any limitations, expectations and assumptions made). 3. Register Trademark, Copyright and Patents . 4. Learn the differences between LLC’s and Corporation and S-Corp. 5. Obtain By-Laws, […]