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How to Draft an Operating Agreement

If you're in the process of starting a Limited Liability Company (LLC), a written operating agreement can help lay the groundwork for how your business will be structured, managed, and operated....

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Your Guide to Obtaining a Business License in Texas

Texas is considered one of the best places in the country to start a business and many already established companies in other states are making the move, including Tesla, Oracle, Chevron and dozens...

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Certificate of Authority in Texas - Infographic

If you're planning on growing your business beyond your home state, one of the first things you'll need before you can transact any business beyond your borders is your Foreign Qualification by...

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Can an LLC Be a Nonprofit? 12 Rules That Apply

Most nonprofits are formed as corporations as opposed to Limited Liability Companies (LLCs). This may be because the requirements to form a nonprofit corporation are less stringent than what’s...

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When Should I Apply for an EIN Number? Can I Apply at Any Time of the Year?

The best time to apply for EIN number is when you form your business entity, though you can obtain an EIN even before officially starting your business.

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10 Ways a Side Hustle or Side Income Can Impact Your Taxes

Millions of Americans have a side hustle in addition to their full-time work. Whether it involves a hobby or dabbling in what may become a full-blown business, side hustles are a great way to earn...

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Everything You Need to Know About Texas Operating Agreements

If you are planning on forming a Limited Liability Company (LLC) in Texas, it’s important to have an LLC Operating Agreement. The agreement will include detailed information about the ownership of...

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Your 7-Minute Guide to Understanding Business Structures. Choose the Right One Right Away.

Business structures are not as complicated as they may seem. When setting out to form your company, you'll want to research each type of business structure. Understanding how each major structure...

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How to Open a Bank Account with a DBA

Setting up a bank account that’s dedicated to your business and separate from a personal account is a wise move — and it's even required, depending on your business type.

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What Does an LLC Operating Agreement Look Like? And What Does It Include?

Does every business have an operating agreement? What should the agreement include? And are LLC operating agreements legally binding? If you are looking for the answers to these questions, you're at...