Business Formation

Starting a business comes with a lot of personal risks, and the process often demands weeks or even years of uncompensated work as someone builds their company from the ground up or develops a concept into a marketable product. The basic drive behind entrepreneurial...

You go into business to make money, but just one wrong move could cost your company all of its profits or even force it to close. As the owner and operator of that business, you could have some personal liability if the company goes under with unpaid debts or if you...

Investment properties are a popular way for people to diversify their personal wealth. You can take the equity you have accrued in your own home and use it to purchase a second property. You might fix up a home in poor condition and sell it for profit, or you might...

Veteran entrepreneurs in Pennsylvania know how important it is to produce a thorough business plan and demonstrate the discipline to carry it out, but business owners of all experience levels sometimes fail to start their business off on the solid foundation provided...

An LLC, or limited liability company, is a type of business that offers limited protection through taxation. Just like other business structures in Pennsylvania, an LLC is a separate entity from the business owners. This way, the owners themselves are not held...

You already run one business, but recently you secured a critical new business connection or perhaps you just had a brilliant idea. Now, you can't stop thinking about this new business opportunity and how exciting it would be to pursue. You know that you don't want to...

You love your spouse -- and you share everything together. It only seems natural, then, to share your entrepreneurial dreams with them as well. Right? Maybe. A couple can be great together in love and still not be a good match when it comes to operating a business...

When you feel that you are ready to begin your business formation efforts, one of the first things to consider is how you will structure your Pennsylvania business. You have several options to choose from, including: A corporation A partnership A sole proprietorship A...

When you and a friend have a shared vision, it only seems natural to go into business together. But mistakes you make now, while everything is rosy, could come back to haunt you if things get complicated later -- and that can be bad news for both your business...

More than 28 million small businesses exist in the United States, accounting for 99.7% of all enterprises, according to the Small Business Administration (SBA). Preparation and research is the key to success, as only about two-thirds of all businesses with employees...