One of the primary driving forces of American economic prosperity is entrepreneurship–the ability and willingness of individuals to organize and manage new business ventures, in the face of inherent risks, in order to create new opportunities to create wealth and profit. In beginning the process of starting a new business, there are many legal, financial, […]
The business entity of choice for most small businesses in Washington these days is the LLC (limited liability company). But, in my experience with many new small business owners, there are terms unique to LLCs that can be unfamiliar without context, only because the words are different than what you would use in the context […]
In order to understand and choose the type of business entity for your company, I often find it helpful to understand the history of corporations, partnerships, and LLCs (in addition to other business entities). In other words, in order to best understand where we are (i.e., the choices in entities), it helps to understand how […]
My purpose in starting this blog is to offer you, the business owner or manager, some helpful information on legal topics about starting, growing, and managing your business. These topics touch on common issues such as formation of business entities, raising capital or arranging financing to start or grow your business, managing employees, selling or acquiring […]