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23 03, 2019

Writing The Business Plan

By |2019-03-21T16:03:02-08:00March 23rd, 2019|Categories: Business Planning, Financial|Tags: |0 Comments

Operating your business without a business plan is like going to the grocery store hungry and without a list.  You end up with a lot more than you need—a lot more than you even want—in your cart.  And you’ve likely upset your budget for the week.  A few such [...]

21 03, 2019

5 Key Benefits of a Well-Written Job Description

By |2019-03-19T10:22:59-08:00March 21st, 2019|Categories: Business Planning|Tags: |2 Comments

Although the main purpose of a job description is to, well, describe a job – it actually serves a bigger role.  A job description can improve a company’s ability to manage employees. A well-written job description will: Clarify expectations. Employers need to spell out their expectations of what an [...]

16 03, 2019

The Employee Handbook: The Holy Grail of Your Business

By |2019-03-05T19:29:27-08:00March 16th, 2019|Categories: Business Planning, Financial, Taxes|Tags: , , , , , |0 Comments

Employee handbooks address the who, what, where, why, and how of your business operations.  Your employee handbook will protect you and your business by setting expectations and providing consistency for your employees when situations arise. What Information Should an EmployeeHandbook Include? Ideally, employee handbooks address anything significant related to [...]

14 03, 2019

LLC Members: What You Need to Know about Your Fiduciary Duties

By |2019-03-05T18:52:48-08:00March 14th, 2019|Categories: Business Planning, Limited Liability Company (LLC)|Tags: |0 Comments

As a member of an LLC, you may owe a fiduciary duty to the company. The two key fiduciary duties are the duty of loyalty and the duty of care. Whether you have a fiduciary duty will depend on the LLC’s management structure and whether you have management responsibilities. [...]

12 03, 2019

Making an S Corporation Election as a Married Business Owner

By |2019-03-05T12:42:59-08:00March 12th, 2019|Categories: Business Planning, Financial, Taxes|Tags: , |0 Comments

If you’re a married business owner and you want your business to be taxed as an S corporation, there are several things you need to know. The difference between community property and co-ownership of an asset Let’s take the example of owning a car. If you and your spouse [...]

9 03, 2019

LLC Operating Agreement: Is a Non-Compete Clause Necessary?

By |2019-03-04T14:56:22-08:00March 9th, 2019|Categories: Business Planning, Limited Liability Company (LLC)|Tags: , |0 Comments

You and several friends start a new business and operate it as a limited liability company (LLC). Now that you’ve completed the first step—choosing a business entity—it is now important to prepare an operating agreement. The operating agreement is a contract which governs the operations of the LLC and [...]

7 03, 2019

Managing the Money Aspect of Your New Business: It’s Easier Than You Think

By |2019-03-04T14:13:33-08:00March 7th, 2019|Categories: Business Formation, Business Planning, Financial|Tags: |0 Comments

Coming up with a great idea that can be turned into a prosperous business venture takes a certain talent.  Knowing how to get your great idea financed and properly managed, takes another. However, it may be easier than you think.  What You Need, What You’ve Got, and Where to Get [...]

5 03, 2019

LLC Management: Who Should Run the Shop?

By |2019-03-04T13:27:27-08:00March 5th, 2019|Categories: Limited Liability Company (LLC)|Tags: , , |0 Comments

Determining who will manage the day-to-day affairs of your business is an important decision. You need to know, at the outset, who will manage operations, both for the success of your business and because the Limited Liability Company (LLC) operating agreement demands it. Luckily, LLC operating agreements are very [...]