When creating your business, you have four basic entity types you can choose to use. You can choose to be a Sole Proprietorship, this is the simplest option to start a business. Then you have General Partnership, S Corporation, C Corporation, and Limited Liability Company. Each one has its advantages and disadvantages, based on what you sell, your business's finances, and the number of owners the business will have. As a business owner you have to select the structure that best fits your business needs.
Views: 125194 You Can Reach J
Disclaimer: This video and accompanying content (blog, Youtube descriptions, etc. herein referred to as "Content") is for informational purposes only and should not be construed as legal advice of any kind. Jo-Ná Williams and J.A.Williams Law, P.C. assumes no liability for use or interpretation of any information contain in this Episode or this document. This Episode should not be an alternative to obtaining legal advice from a licensed attorney in your state based on the specific facts of your legal matter. Jo-Ná Williams is licensed to practice law in the State of New York only. C'mon over to http://www.marieforleo.com/2014/05/small-business-legal-help/ where the main discussion happens after the episode! Legal help can be confusing if you run a small business, but in this video you'll learn about three common legal mistakes small business owners make -- and how to avoid them. 1. Business Structure. Should your business be an LLC or S Corp? Get legal help from a lawyer about what option is best for your business, since they can help you figure out what will be best for your taxes as well. Many people think that a lawyer is going to cost a lot of money, but most people would rather pay for solving a problem than preventing one. 2. Protect Yourself And Your Offerings. It's very important your terms are outlined in something written. Make sure that your contracts have protection for your IP, disclosure of your programs and content, clear terms as to refunds and how to terminate the contract. It's also important to make sure your contracts have disclaimers in them. It's important to have what you are in the contract but even more importantly what you're NOT. Legal help from an attorney will show you exactly what your contracts and terms should include. 3. Your Business Relationships. An independent contractor's agreement serves as additional proof that you have this arrangement with the people working for you. In this type of agreement, you should outline their duties, how they are being paid and when. A non-disclosure clause protects your confidential information, and explains the fact that they're an independent contractor and not an employee. And a final bonus tip: If you are in the U.S. and you pay an independent contractor over $600, you're going to have to issue them a 1099. Make sure you have their W-9 form when they come on-board so you don't have to try and get it from them later! If you enjoyed this video, subscribe to our channel and sign up for your free weekly business and life advice at http://www.marieforleo.com. And if you're interested in more videos on next level business growth like this one, check out our YouTube playlist on that exact topic here: https://www.youtube.com/playlist?list=PLD87A632CFD5449B5. Thanks for watching! My YouTube channel: http://www.youtube.com/marieforleo Legal Help on my website: http://www.marieforleo.com/2014/05/small-business-legal-help/ Legal Help on YouTube: http://youtu.be/zahVagoP3SU
Views: 121970 Marie Forleo
Sole Proprietor vs Partnership vs Corporation? If you are wondering which legal structure to register your business this module will help you understand the differences along with the requirements that go along with each. View module documents here - https://www.dropbox.com/sh/k8ibkld84qokx9f/AABOmSw_yY6cXXzs2tEoXXz_a?dl=0
Views: 840 Enterprise Toronto
Using AllBusinessTemplates.com Your Company’s time is money! Writing and creating documents can be boring but essential of doing and growing your company. By using our templates and forms, we try to ease this pain. Profit now, save precious time and efforts and browse or search for the template that suits your needs. Get instant access to professional free and premium forms, templates, and contracts online today. Find documents for almost every kind of subject such as sales, contracting, HRM, Internet, Start-ups, investment, marketing, real estate, law and consulting. What if we could take that all down for you with perfectly crafted templates that suit your need? Giving you more time to focus on what really matters! Over thousands of legal, business and educational templates used by professionals in your industry. Like: Legal Agreements, Business Templates or Killer Resumes? Stop wasting time searching the web to find templates that lacked the attention of professionals. Our templates are: - Ready-to-use - Easy-to-adapt - Created by Lawyers & Professionals - Accessible on smartphone, tablet or computer! You will spend more time on creating and crafting the text and topics that are really important! Your recipients will respect your output more and you might end up finishing your task in 5 minutes, instead of 5 hours…! If you don’t value your time, your boss, customer or partner surely will… All the free and premium templates are easy to download, secure and available in several formats like PDF, Word, Excel & PPT. Find the template or form you need to easily grow, improve and professionalize your business! Visit us as https://www.allbusinesstemplates.com
Views: 745 Peter Liu
Learn How Businesses Are Taxed! Learn how to know which tax form a business should use. Learn the 5 business tax types at the IRS and the 7 legal business types and situations. If you are starting or have a business, watch this video to simplify business setup once an for all! Get the Business Spreadsheet Template here: amandarussell.mba/getthebusinessspreadsheet
Views: 1130 Business Finance Coach
From start-up to success, every company has a lifecycle. At each step, you need to master compliance requirements in order to grow. And that’s where CT Corporation comes in. We keep you on top of state regulation, every step of the way. From the starting line, CT sets your company up the right way, helping you to prepare and file incorporation forms, reserve your business name and trademark, and obtain an EIN number so you can open a bank account for your business. You’ll also need a registered agent to receive compliance information and legal correspondence. CT’s prompt and proper handling of these requirements helps you avoid fines and penalties, and protect your personal assets. Running a business also means managing business licenses, annual reports, tax information, and much more. CT helps you monitor due dates and complete and file your legal documents. We track over 4,000 pieces of state and federal legislation, and monitor over 10,000 court and government agency web pages per week, so you’ll always be the first to know if your requirements change. As your business grows, you may want to expand, and you’ll need to do it the right way. Wherever your business takes you, CT will support you with foreign qualifications, conversions, mergers, and other filings. Our solutions, services, and specialists are ready to help. We’re proud of having the best service and most experience in the industry. As a CT customer, you benefit from this no matter the size of your business: CT supports more than 300,000 small businesses, 75% of Fortune 1000 companies and 70% of the National Law Journal Top 250 law firms. There aren’t any problems we haven’t solved. Wherever you are in your business lifecycle—starting, running, or growing—CT helps you maintain good standing. Learn more at https://ct.wolterskluwer.com/resource-center/videos/compliance-and-legal-requirements-to-start-a-business.
Views: 13784 CT Corporation
Get Unlimited Access to GCSE Tutor Videos & Online Revision Here for £19.99: http://www.revisionapp.co.uk/product/online-gcse-revision. The legal structure a business chooses is fundamental to the way it operates. This legal framework determines who shares in the profits and losses, how tax is paid, where legal liabilities rests. It also determines the nature of a business' relationships with business associates, investors, creditors and employees. There are three options for a business' legal structure: Firstly, sole traders. These are individuals who run an unincorporated business on his or her own. Sometimes otherwise known as a "sole proprietor" or (in the case of professional services) a"sole practitioner". Examples of these are mobile hairdressers, plumbers, market traders etc. Sole traders are legally allowed to have paid staff but have full responsibility in financing them from their own pockets. This may be from loans or savings. However, they'll always have full control of the business and take all the profits! One of the benefits of being a sole trader is that it's the most straight-forward option. Individuals are taxed under the Inland Revenue's Self-Assessment system, with income tax calculated after deduction for business expenses and personal allowances. One of the disadvantages of being a sole trader is that they face unlimited liability for their debts. There is no legal difference between the business and the owner. If the businesses is in trouble, so is the owner! An alternative option is to incorporate a company. This will give the business a separate legal identity from the owners. Profits and losses are the company's and it has its own debts and obligations. Unlike sole trading, the company continues despite the resignation, death or bankruptcy of management or shareholders. An incorporated company also offers the best vehicle for expansion and the potential for investment from outside sources. The two main types of companies are private limited companies and public limited companies. Private limited companies are often small, family run businesses which are owned by shareholders. Every shareholder must have involvement in the business and none of the shares are allowed to be sold to the public. Public limited companies (also known as PLCs) are a much larger type of joint-stock company. They can sell its shares on the Stock Exchange to the public and can raise a lot more finance. The third structure is a partnership. A partnership is an association of individuals and generally there will be between 2 and 20 partners. Common examples of a partnership include doctor's surgeries, veterinarians and solicitors. Unlike an incorporated company a partnership does not have a "legal personality" of its own. This means that each partner is responsible for the debts of the partnership. Normally, partners share the profits equally. Therefore the operation of a partnership is usually governed by a "Partnership Agreement" which details the responsibilities and rights of each partner. It is really important that if you enter a partnership, you pick the right people!
Views: 19176 Revision App - Student Blog
http://www.fitsmallbusiness.com In today's video we are going to discuss business structures and how to know which business legal structure is right for your business.
Views: 38689 FitSmallBusiness
Protect yourself and your assets when starting your own business. Bob Adams discusses legal structures and what kind may be right for your small business. ---- New how-to videos to start a build your business every Wednesday and Friday. Subscribe now so that you don't miss any new videos. Subscribe to our channel: https://www.youtube.com/channel/UCG7T... Facebook: https://www.facebook.com/businesstown/ Twitter: https://twitter.com/TheRealBobAdams Check out our website: https://businesstown.com
Views: 25 BusinessTown
This video explains three important legal documents you need to set up your online business. More and more Australian entrepreneurs are leveraging the internet to build businesses. Running a business online is a great way to lower overhead costs whilst building your market base beyond geographical constraints. Obtaining the right legal framework can be a great aid to your business’s operating success. If you need to speak to an online business lawyer, get in touch: https://goo.gl/y14Mkk
Views: 81651 LegalVision
When forming a legal business partnership, be sure to acquire an employer identification number and draft a written agreement that outlines the partnership. File necessary paperwork like a fictitious name and obtain proper licenses permits with advice from a lawyer in this free video on business law. Expert: Robert M. Todd Contact: www.wearehdtv.com Bio: Robert Todd is the managing partner and president of Robert M. Todd, P.A. and Family Law Solutions. Filmmaker: Christopher Rokosz
Views: 884 eHow
Elon Musk: How to Start a Business! Seriously Take Notes! Did you know Tesla has a zero dollar marketing budget? It’s true. Despite operating in the emerging alternate energy car market (and rampant skepticism that electric cars could even compete), Tesla had an incredibly successful IPO in 2010 and continues to struggle to produce cars fast enough to meet demand. It seems amazing that they’ve been able to pull that off without marketing, but Elon Musk’s explanation for their success is simple: a relentless focus on making the highest-quality cars possible. The vast majority of Tesla’s budget (and about 70% of Musk’s time and energy as CEO) is devoted to research and development. Musk only spends 2 to 3% of his time talking to the press, with plans to cut it down to 1% so he can free up time for – you guessed it! – more focus on engineering and design. Marketing done right can be extremely powerful; I’m not saying it has no place in your business model. The vast majority of us don’t have Elon Musk-level capital to fund our businesses and get them off the ground. But if it comes down to a choice between more marketing for a mediocre product, or money money spent improving product quality, I’d choose quality every time. Quality outlasts trends and bids for brief attention. It leaves a lasting impression – one that turns customers into lifelong fans and the most effective marketers you could dream of. FAIR-USE COPYRIGHT DISCLAIMER * Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use. 1)This video has no negative impact on the original works 2)This video is also for teaching and inspirational purposes. 3)It is not transformative in nature. Law Of Attraction Coaching does not own the rights to these images, videos and audio files. They have, in accordance with fair use, been repurposed with the intent of educating and motivate others. However, if any content owners would like their images removed, please contact us by email at [email protected]
Views: 783370 Law of Attraction Coaching
Thinking to launch your first venture? However confused whether to start as a Sole proprietorship, Partnership, LLP or Private Limited company. CA Arun Tiwari in this video is explaining pros and cons of each one and advising you which one in best for your business venture. Still have query contact him @ [email protected] or call @ 8080809061 or just post your queries here itself
Views: 28 Entro-Zone - Business Basics
Single Member LLC Mistakes You Should Avoid - 4 Big Problem Areas // If you decide to form a single member LLC, you are probably doing so for the limited liability protection they offer. However, if you make one of these mistakes, someone who sues your business could "pierce the corporate veil" and get at your personal assets regardless. Some of the links below are affiliate links. If you purchase through these links, it won’t cost you any additional cash, but it will help to support my channel. Thanks! To start your own LLC, click here: http://hawthornlaw.net/incorporate Click here for an operating agreement template that you can use for your LLC: http://www.hawthornlaw.net/llc-operating If you need to get a hold of me, you can schedule a call using this link: https://hartlawfirm.as.me/legal-coaching **Unless you are a legal or private coaching client, I do NOT respond to emails or contact form submissions.** To sign up with a payroll service I use and love, click here: http://hawthornlaw.net/payroll Need more information on starting a business? Download our cheatsheet here: https://www.hawthornlaw.net/cheatsheet Want the Ultimate Business Building Checklist? Click here: https://www.hawthornlaw.net/ultimate I use Vidiq to optimize my videos, here is an affiliate link if you would like to support me and sign up for their free plugin: https://hawthornlaw.net/vidiq This video is for entertainment and informational purposes ONLY and should NOT be considered legal advice. By watching a video or commenting on a video, we are not forming an attorney-client relationship. If you need specific legal advice, please ask an attorney in your state. #LLC #HawthornLaw
Views: 84351 Hawthorn Law
Chinaza Duson, Small Business Tax Strategist, is also a highly sought after Tax Strategist empowering thousands w/advice on why the MUST own a homebased business. Now! Connect with me and START a legitimate homebased business TODAY: http://www.workwithcoachchi.com Chinaza Duson | 404.464.6733 | [email protected] www.certifiedtravelconsultant.com - my business of choice Text Chinaza to 40691 1st Email: [email protected] | 404.464.6733 | 2nd Email: [email protected] | 404.229.5566 - Secondary | NOT only am I #homebased business strategist, a certified tax preparer. I am a National Diamond Council Team Leader in Paycation Travel. We have the perfect vehicle to help you maximize on these amazing tax breaks I speak on here! Contact me today to get started http://www.browngirlgone.com ---- (travel blog) http://www.goodgirlstravel.com (the best tax deductible business) http://www.truthinduced.biz (www.yourtaxgirl.com)
Views: 407199 Chinaza Speaks
Dr. Manishika Jain in this lecture explains the meaning of hypothesis and 13 major types of research hypothesis: Insufficient Evidence Can be true or false Tentative solution to a problem May or may not be correct Clear Precise Testable Consistent with facts Provide answer to problem Logical simplicity Not contradict established facts Why Important? Direction to research Operationalize procedure Select facts Replicate research Draw logical conclusion Relation between variables Provides a statement deduced from theory Aims to Find? Difference Relationship (Statistically significant – Implies difference in result did not occur by chance) Interaction Null versus Alternative Hypothesis Null Hypothesis (𝐻_0) No statistical significance between the two variables. Researcher is trying to disprove it. Individual is free from disease Relationship is due to chance Alternative Hypothesis (𝐻_𝑎) Statistical significance between the two variables. Researcher is trying to approve it Individual has disease Relationship is not due to chance If 𝐻_𝑎 is accepted, 𝐻_0 is rejected Substantive vs. Statistical Substantive – expected relation b/w variables, not operationalized Statistical – operationalized in terms of statistical parameter Simple vs. Complex Simple – 1 IV & 1 DV Complex – 2 or more IV & 2 or more DV Practical vs. Statistical Practical – In terms of practical outcomes Statistical – In statistical outcomes Positive, Negative or Null Null – no relation b/w IV & DV Positive Negative Universal vs. Existential Universal – all variables are true at all times “Brave soldiers if rewarded will perform well” Existential – exist atleast for one particular case “Few corporate staff might not perform well despite reward” Hypothesis @0:09 Concept @2:16 Why Important? @3:17 Aims to Find? @2:41 Null versus Alternative Hypothesis @3:31 Null Hypothesis (H_0 ) @4:47 Alternative Hypothesis (H_a ) @5:44 Substantive vs. Statistical @9:35 Simple vs. Complex @10:45 Practical vs. Statistical @11:49 Positive Negative or Null @12:36 Universal vs. Existential @13:27 #Existential #Statistical #Researcher #Disease #Procedure #Deduced #Replicate #Significant #Tentative #Hypothesis #Manishika #Examrace For IAS Psychology postal Course refer - http://www.examrace.com/IAS/IAS-FlexiPrep-Program/Postal-Courses/Examrace-IAS-Psychology-Series.htm Research Methodology playlist - https://www.youtube.com/playlist?list=PLW9kB_HKs3_N4-55qIi36fwdW2UaySm9Y
Views: 246457 Examrace
www.istartmybusiness.be Which status do you want? You can choose to start your activities as a primary or secondary occupation or as a self-employed worker’s assistant. You will also need to select the type of legal structure of your company. Read more on www.istartmybusiness.be, the starters platform in Belgium. For Tips & Tricks, info, games, testimonials and events for starters in Bekgium, go to www.facebook.com/ikstartmijnzaak
Views: 258 Securex
Learn more from EPW Small Business Law at: http://elizabethpottsweinstein.com Free law class for small business owners from attorney Elizabeth Potts Weinstein. On this class, you will learn: -What simple clauses are missing from your contracts with your clients, customers, vendors, and independent contractors, and an easy fix to make it much less likely you'll get sued. -Why creating a corporation or LLC doesn't protect you from liability, and what you need instead to keep your personal assets (and business assets) safe. -How filing trademark applications and registering your copyrights isn't protecting your most valuable assets, especially if you're missing this important strategy. -How a contract with your assistant isn't enough to make them an independent contractor, and which employment law rules you need to worry about (and it's not just the IRS' rules). -Why copying forms, contracts, and terms off of other websites isn't protecting you from compliance issues, and what to do instead. -The most dangerous form of business (and, no, it's *not* a sole proprietorship), and how to keep yourself from forming one accidentally (which can result in huge tax and legal problems!).
Views: 6691 Elizabeth Potts Weinstein
Forming An LLC for Your Online Business // If you are starting an online business, forming an LLC is one of the first things you need to do. Before you start a website, before you file a trademark, before you start selling products... you need to form an LLC. Why is forming an LLC so important? In today's video, we share the fictional story of Joe - an online entrepreneur who messed up his LLC filing and had to deal with the fallout. Although Joe is not a real person, his story was developed based on my experience dealing with multiple business clients' over the years. Are you ready to form an LLC for your online business? Click here to get started: http://www.hawthornlaw.net/diy-LLC Still trying to figure out the proper legal structure for your business? Click here for a cheatsheet: https://www.hawthornlaw.net/cheatsheet TWEET THIS VIDEO: https://ctt.ac/6g91Y Say Hi on social: Twitter: https://twitter.com/hawthornlg Instagram: http://instagram.com/hawthornlaw Join us on Facebook: https://www.facebook.com/groups/1397535957212335/ BLOG POST URL: http://www.hawthornlaw.net/forming-an-llc-for-your-online-business/ Some of the links below are affiliate links. If you purchase through these links, it won’t cost you any additional cash, but it will help to support my channel. Thanks! Click here for an operating agreement template that you can use for your LLC: http://www.hawthornlaw.net/llc-operating If you need to get a hold of me, you can schedule a call using this link: https://www.hawthornlaw.net/consult **Unless you are a legal or private coaching client, I do NOT respond to emails or contact form submissions.** I use Vidiq to optimize my videos, here is an affiliate link if you would like to support me and sign up for their free plugin: https://hawthornlaw.net/vidiq YOUTUBE URL: https://youtu.be/MdCiZ1kMAGA This video is for entertainment and informational purposes ONLY and should NOT be considered legal advice. By watching a video or commenting on a video, we are not forming an attorney-client relationship. If you need specific legal advice, please ask an attorney in your state.
Views: 774 Hawthorn Law
http://realeasylegalforms.com Real Easy Legal Forms provides an affordable system to the 50 million Americans each year who are looking to save money on legal services that do not require a lawyer. We can help you cash in on the growing multi-million dollar legal form preparation-business. We have designed a simple turnkey business solution that will have you up and running in no time. You can start offering your clients convenient, quick and cost-effective legal document preparation services today.
Views: 60 RealEasy LegalForms
Selecting the right legal form of business for your start-up is an important decision. Even if you are an early stage business, structuring your business legally is critical to operations, liability, IP ownership among many others. What legal form is right for you?
Views: 170 IndiplexMedia
Writing a legal memo informs people of any legal action going on, such as personal lawsuits, company illegal activity, binding agreements or any other important changes. Summarize any legal activity going on in the company in the form of a memo with help from a management teacher in this free video on business. Expert: Mark Clifton Bio: Mark Clifton has an degree in marketing management from Oxford Brookes University, and has successfully completed the CELTA teacher training program of Cambridge University. Filmmaker: Paul Volniansky
Views: 5274 eHow
Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 For more on single-member LLCs, watch 'How Do I Pay Myself in a Single-Member LLC?' at http://youtu.be/fWkbJs3XLrs?list=UUNh... Forming a limited liability company can be a great way for business owners to avoid personal liability for the debts and liabilities of the company. However, being the sole member in a single-member LLC carries with it an enhanced risk of personal liability by creditors piercing the corporate veil and the alter ego doctrine. If the assets and the actions of the LLC are so intertwined that the LLC is merely the "alter ego" of the business owner, creditors may be able to pierce the corporate veil and go after the personal assets of the business owner to satisfy debts of the company. Some of the most important steps that need to be taken to attempt to avoid a creditor being able to pierce the corporate veil are: 1. Follow legal formalities: even in a single-member LLC, the LLC still needs to keep records and meeting minutes, and follow a well-drafted operating agreement; 2. Adequate capitalization: under-capitalizing an LLC is a sure-fire way to open yourself up to personal liability; 3. Never commingle funds: EVER! Business funds pay business expenses and your personal funds pay personal expenses. No "borrowing" from the company to pay your mortgage. 4. Always act on behalf of the LLC: when you sign documents on behalf of the LLC, make sure you are signing documents ON BEHALF OF THE LLC. For example, I would sign paperwork as "The Law Office of Aiden H. Kramer, LLC, By: Aiden Kramer, Member." I am not signing in my personal capacity. These are just some of the most important steps that need to be taken to attempt to avoid personal liability in a single-member LLC. Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 185119 180 Law Co. LLC
This episode of http://www.VideoVocab.TV is the first of our two-part series on English vocabulary related to business contracts. In this lesson, we'll look at the key principles behind contracts and contract law.
Views: 264473 Business English Pod - Learn Business English
Starting a small business involves planning, financial and legal decisions. How to decide which form of ownership is best for you: sole proprietorship, partnership, corporation, Limited Liability Company (LLC), S corporation, nonprofit or cooperative. If you have questions who do you ask? Scott Williams is with the Small Business Law Firm. They are dedicated to serving the needs of small businesses and business executives in a focused and responsive manner. To find out more go to http://www.smallbusinesslaw.org/. "Out of the Rough" host, Fred Arnold is a mortgage professional with American Family Funding. To contact Fred go to http://www.FredArnold.com.
Views: 666 Out of the Rough
In case you're stepping into a business you will have a ton of inquiry that should be answered, you'll need all the counsel and support you can get. Ensure you take a crack at 'How would I look into a business though? the workshop, intended to enable you to discover all the data you have to begin and develop your business. That incorporates everything from economic situations and potential legitimate issues through to buyer conduct. At the Business and IP Center, we approach the £5m worth of industry reports from top distributers, for example, Mintel, Frost and Sullivan and Euromonitor, just as organization information from more than 144 million UK and worldwide organizations to enable you to more readily comprehend your objective markets. Here we have talked about a couple of chosen questions. Keep on watching the video to find your suitable answers. 1. What choices do I have for the legal form of my business? 2. When would it be better to set up business as a partnership? 5. What do I do if I want to be in business as a sole trader? The questions we discussed may or may not be the ones you want to ask. So please comment below your questions and we'll try our best to answer them. Thanks for watching our video we really appreciate your support, in the next video, we are going to discuss more on Offshore company, Bank, Business, tax and a lot of things. Please stay tuned Also please like share comment :) Also, Click on the below links to visit us. https://rtrsupportslimited.com/ https://rtrsupportslimited.com/blog/ https://www.facebook.com/RTRSupportsLTD/ https://twitter.com/RTRSupportsLTD
Views: 128 Rtrsupports Limited
Corporation? LLC? Partnership? Canton Ohio Attorney Richard Nicodemo discusses the various legal entities a small business can form, and the one big issue you need to consider before you choose any one of them. Nicodemo And Wilson, 330-452-8831. 124 15th St.N.W. Canton, Ohio 44703.
Views: 1233 nicodemoWilson
Choosing the Right Legal Structure for Your Business - You must choose a structure for your business. This structure will define your legal responsibilities, like: the paperwork you must fill in to get started the taxes you’ll have to manage and pay how you can personally take the profit your business makes your personal responsibilities if your business makes a loss You can change your business structure after you’ve started up if you find a new structure suits you better or saves you money. Types of business The main types are: sole trader limited company business partnership You can form an ‘unincorporated association’ if you’re setting up a small organisation like a sports club or a voluntary group and don’t plan to make a profit. You can use other structures for businesses that help people or communities, eg ‘social enterprises’. https://www.gov.uk/business-legal-structures/overview http://callietimothy.com/ Learn More on: https://www.youtube.com/playlist?list=PLD-fVNHkAoWERcT2SdgifXHu26oSrTFrg
Views: 1022 callie timothy
What's the tax difference between and LLC and an S Corporation? Will you save taxes if you convert from an LLC taxed as a sole prop, to being taxed as a sub chapter s? How much taxes will you save if you become an S-Corp? If you want to know the tax difference between an LLC and an S-Corp, then check out this video.! In this video, I'm going to explain exactly what the difference is between an LLC and an S-Corporation, particularly when it comes to your self employment taxes, (aka SE Taxes), which are your medicare and social security taxes. how do you reduce your business taxes? Well, there are three major tax reductions strategies: Business entity optimization, benefits and retirement plans like 401k, SEP IRA, and Simple IRA"s, and then utilizing real estate investments. UPDATE ON NUANCE FINANCIAL - I NO LONGER RECOMMEND NUANCE FINANCIAL, but instead HIGHLY recommend Xendoo Accounting, because it's faster, cheaper, higher quality service, and nation wide. If you're looking for a payroll, bookkeeping, tax return, tax planning (with CPA support), then check out my AFFILIATE LINK for XENDOO Accounting here: https://www.xendoo.com/learn-more?fp_ref=rob69 If we added value, consider supporting me and my family on Patreon. We're committed to creating free business, tax and accounting content, and we're thrilled that we've had the support of our little community! https://www.patreon.com/feedbackwrench/ Follow us at: Twitter - https://twitter.com/feedbackwrench Facebook - https://facebook.com/feedbackwrench Instagram @feedbackwrench What's the tax difference between an LLC and an S-Corp? What's better, an S Corp or an LLC? How to convert to an S Corporation? Are there tax savings when you become an S-Corp? What business type should I be? How to choose a business type? There are dozens of questions that people have concerning their business entity type. The bottom line is that people are usually trying to pay their fair share and not a penny more - that's the most important thing to them. If you're looking for tax planning advice, ways to reduce your taxes, legal tax loopholes, the best tax loopholes for small business or the best tax write offs for small business - the foundation starts with your business entity type. You should make a wise decision about becoming a limited liability company taxed as a sole proprietor or an S-Corp, because it might save you in self employment, social security and medicare taxes. Social security taxes for an S-Corp are important to figure out! So is figuring out the medicare taxes on an LLC or an S-corp. We hope this video helps you out a ton!
Views: 331287 FeedbackWrench
#YouTubeTaughtMe This video includes the following: 1. Seven steps in setting up a new business unit (in hindi) i. Scanning the environment for identification of business opportunity. ii. Development of product / service idea iii. Assessment of feasibility of the idea iv. Preparation of business plan v. Appraisal by the funding agencies vi. Resource mobilization vii. Project commissioning and launch 2. Legal Requirements for incorporation i. Memorandum of Association (MOA) ii. Articles of Association (AOA) iii. List of Directors iv. Written consent of Directors v. Declaration regarding qualification shares vi. Notice of registered office vii. Statutory declaration BEST BOOKS FOR ENTREPRENEURSHIP DEVELOPMENT 1. Entrepreneurship Development by S Anil Kumar (Author) - https://amzn.to/2GD2bYE 2. Entrepreneurship Development by Sharma (Author) - https://amzn.to/2GBkUnh TAGS FOR THE VIDEO: new business development steps 7 steps for generating new business opportunities 7 steps to generate new business models what are the steps for setting up new business unit setting up new business unit steps in hindi how environmental scanning is done how to assess business opportunities in the environment how to prepare business plan Feasibility study of idea resource mobilization for setting up new business what are the legal documents required for setting up new business legal requirements for incorporation of company how AOA MOA are important what are the documents company need to maintain before starting a new business legal formalities before starting a new business
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http://www.docstoc.com/youtube - Click to Download 25,000+ Business Forms & Templates! Starting a Home based Business: Legal Entities Click Here To See More From This Expert: http://www.docstoc.com/profile/Jessica-Gottlieb Jessica Gottlieb is a speaker & blogger (http://jessicagottlieb.com/). Here, she talks about the legal entities involed in starting a home based business. Docstoc has over 20 million business and legal documents to help you grow and manage your small business and professional life. Thousands of how-to articles and videos with fresh content uploaded every day. Attorney reviewed documents to save you time and money. Connect with us on Facebook - http://www.facebook.com/DocstocFB Connect with us on Twitter - https://twitter.com/#!/docstoc Connect with us on Google+ - https://plus.google.com/103801755756812961700 Keywords: "Small business" Entrepreneurs Entrepreneurship "How to start a business" "Starting a business" Startups "Startup business" Financial Success DIY "Docstoc Videos" Docstoc "Jessica Gottlieb"
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http://onlinebusinesscenter.org/legal Do you want to cut your legal fees by at least 50%? You need this Ultimate 1000+ Business Cotracts And Legal Forms, professionally prepared by attorneys. These are the same forms found at any lawyer's office, accountant's office or your local documents store...
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Planning on incorporating your business? Makes sure to avoid these common mistakes to launch on strong legal footing and prevent legal issues down the road. Ready to incorporate? Discover Legal Logik's No-Fee Incorporation packages at https://legallogik.com/services/small-business/business-incorporation/
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I’ve had a lot of people ask me questions about LegalZoom and other websites that help you “DIY” your legal issues. Specifically, whether or not it’s a good idea to use these types of websites and DIY services for your legal needs, whether it be for your estate planning or for your contracts when forming a business. So, the purpose of this post is simply to give my thoughts not topic. I certainly don’t mean to call out LegalZoom, I just name them because they are the largest and most popular of these types of sites. While LegalZoom and the like can sometimes be a good service, I always advise people to proceed with caution. Some of the documents and some of the types of things you can get from these websites can be just fine for certain types of people and certain needs; you get a boilerplate template document, whether it be a will or trust agreement, or operating agreement or some other contract for your business. And these are sometimes okay for some people. But I am of the mindset that when it comes to your estate planning or business, or really any other legal issue, “just okay” or “just fine” is just not good enough. The problem with LegalZoom and similar websites is that they are not attorneys; they cannot practice law or give legal advice. It is just a company offering boilerplate documents that they, somewhat, tailor to fit your situation by simply plugging in the information that you give them. Because you are working with a computer and not an attorney, the computer is not going to know to ask you certain questions, or that there are certain issues that should be addressed or should be brought up in your situation. And that’s really the biggest benefits to working with an attorney to get a will or a contract written up to start your business. We went through at least three years of legal education and training (I have the student loans to prove it!); we had a lot of education to learn how to spot issues that will come up with clients. And because, typically, the people who use these websites haven’t gone to law school, they also don’t have the education or the training to make themselves aware of certain issues that should be pointed out or addressed. Finally, the biggest benefit that I find from working with an attorney over using these sorts of DIY websites for your legal needs is that you are working with a real, live person one-on-one. In order to get our license to practice law, we must agree to work under these rules of ethics, and part of those ethical rules is that we have to be zealous advocates for our clients. So we are always going to have our client’s best interest in mind and we are going to be aware, and make sure we are aware, of things that could affect our client. But these companies and these websites are not law firms or lawyers who can give advice. They don’t have these ethical requirements to really advocate and look out for their client. So if there is a change in the law, or if something comes up that could affect your estate plan or your business, these websites, as far as I know, aren’t going to alert you to that and are not going to do anything to make sure that you are still going to be protected. That’s where the benefit of working with an attorney comes in; that’s what we are here for: to make sure that you are going to be taken care of all the time. Of course these websites are cheaper than attorneys, I know that. But when you are dealing with these important legal issues that could later affect your family or your business or money or even your livelihood, in most cases it is better to invest that initial expense in working with an attorney to make sure that you are doing everything in the best way you can. Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
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Convert Your Sole Proprietorship to an LLC in 7 Easy Steps! // If you are currently operating your online business as a sole proprietorship, you may be wondering how to convert to an LLC or Limited Liability Company. There are multiple reasons for doing this, including to protect your personal assets and give yourself some flexibility when it comes to filing your taxes. In today's video, I share how to convert your sole proprietorship to an LLC faster than you can take a sip of your coffee. And feel free to comment below and let me know how long it took for you to get your LLC set-up? Are you ready to form an LLC for your online business? Click here to get started: http://www.hawthornlaw.net/diy-LLC Or if you just want the operating agreement template, then click here: http://www.hawthornlaw.net/llc-operating Still trying to figure out the proper legal structure for your business? Click here for a cheat sheet: https://www.hawthornlaw.net/ultimate TWEET THIS VIDEO: https://ctt.ac/11C_c Say Hi on social: Twitter: https://twitter.com/hawthornlg Instagram: http://instagram.com/hawthornlaw Join us on Facebook: https://www.facebook.com/groups/1397535957212335/ BLOG POST URL: http://www.hawthornlaw.net/convert-sole-proprietorship-to-llc/ Some of the links below are affiliate links. If you purchase through these links, it won’t cost you any additional cash, but it will help to support my channel. Thanks! If you need to get a hold of me, you can schedule a call using this link: https://www.hawthornlaw.net/consult **Unless you are a legal or private coaching client, I do NOT respond to emails or contact form submissions.** YOUTUBE URL: https://youtu.be/NVJWgkZmqgU This video is for entertainment and informational purposes ONLY and should NOT be considered legal advice. By watching a video or commenting on a video, we are not forming an attorney-client relationship. If you need specific legal advice, please ask an attorney in your state or schedule a call using the link above.
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This is the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish Businesses are structured in different ways to meet different needs. The simplest form of business is called an individual or sole proprietorship. The proprietor owns all of the property of the business and is responsible for everything. For legal purposes, with this kind of business, the owner and the company are the same. This means the proprietor gets to keep all of the profits of the business, but must also pay any debts. Another kind of business is the partnership. Two or more people go into business together. An agreement is usually needed to decide how much of the partnership each person controls. One kind of partnership is called a limited liability partnership. These have full partners and limited partners. Limited partners may not share as much in the profits, but they also have less responsibility for the business. Doctors, lawyers and accountants often form partnerships to share their risks and profits. A husband and wife can form a business partnership together. Partnerships exist only for as long as the owners remain alive. The same is true of individual proprietorships. But corporations are designed to have an unlimited lifetime. A corporation is the most complex kind of business organization. Corporations can sell stock as a way to raise money. Stock represents shares of ownership in a company. Investors who buy stock can trade their shares or keep them as long as the company is in business. A company might use some of its earnings to pay dividends as a reward to shareholders. Or the company might reinvest the money back into the business. If shares lose value, investors can lose all of the money they paid for their stock. But shareholders are not responsible for the debts of the corporation. A corporation is recognized as an entity -- its own legal being, separate from its owners. A board of directors controls corporate policies. The directors appoint top company officers. The directors might or might not hold shares in the corporation. Corporations can have a few major shareholders. Or ownership can be spread among the general public. But not all corporations are traditional businesses that sell stock. Some nonprofit groups are also organized as corporations. For VOA Special English, I'm Carolyn Presutti.You can learn more about business and economics and learn English at the same time at voaspecialenglish.com. We're also on Facebook and Twitter at VOA Learning English. (Adapted from a radio program broadcast 23Sep2011)
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