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...
Business Formation
Can you start a second business while already running one?
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...
Going into business with your spouse
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...
Business formation: Deciding if an LLC is right for your company
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...
How not to kill your partnership (and your friendship)
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...
Tips for starting your own small 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...
