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How to Start a Foundation

If you have money you want to donate for charitable purposes, if there is a cause that you are passionate about supporting, or if you want to create and lead a nonprofit organization that's...

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Understanding DBAs for Nonprofits

Whatever your industry, you’re certain to encounter a ton of challenges even before you get your new company off the ground. After all, the decisions you make during this critical stage will have...

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Washington State & City of Seattle Business Licenses

The first Starbucks was started by two teachers and a writer in 1971 at Pike Place Market, located in Seattle, Washington. Any city that starts a coffee revolution and quenches our obsession is...

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How to Set up a DBA Franchise Business With an Existing LLC

Economist Paul Romer once said, "We fail to appreciate the magnitude of change because opportunities do not add up, they multiply." This vision is clearly what separates entrepreneurs from the...

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Why It's Important to Separate Business & Personal Finances

There are several logical reasons why every business owner should separate their business finances from their personal funds. But the simplest reason is this: your business — whether it’s an LLC or ...

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S Corporations Could Give Businesses a Competitive Edge in Trying Times

Whenever a business owner considers incorporation, they usually tend to immediately lean toward creating a limited liability company (LLC). This is only natural, considering LLCs are the most widely...

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S Corporations Offer Multiple Advantages to Entrepreneurs

In today’s economic and employment landscape, starting your own business and following your real dreams — not simply your realistic ones — can be exciting. However, it doesn’t matter how great your...

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What Is Ordinary Income and How Is It Different From Earned Income?

As a small business owner, one thing you’ll want to be aware of is how your income is treated by the IRS. Not knowing this from the start will only cause complications, headaches, and costly...

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Freelance Writers: Here's Your Guide to Understanding LLCs for Your Business

Writers are engineers of the soul. Writers are passionate. Writers are skeptical. Writers are imaginative. Writers are a lot of things...but they might not always be that business savvy. Great at...

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Common Federal & State Licenses and Permits Your Business Might Need

Let's face it: there's a lot of paperwork to file when it comes to starting your new business. It's not only crucial that you fill out the forms correctly, but that you cover all your bases when it...