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- LLC requirements vary from state to state
- If you’ll be conducting business in multiple states, you may need to register with each state
- A guide from Nolo offers state-by-state guidance
- Employers are required by law to pay their employees, but unexpected circumstances may leave you with too little cash to make payroll
- Communicating the situation is essential, after which you can pursue one of several potential solutions
- An inability to meet payroll may be a warning sign that you need to make changes to your business strategy
- A checklist for small businesses looking to close up shop
- Make sure you notify your employees, lenders, and other relevant parties
- Wrapping up your taxes and contracts with clients
- Develop an exit strategy when shutting down your business
- Business owners have the options of closing, selling, liquidating and filing for bankruptcy
- Review all options to find out what works best for you
- If you’re planning to bring on employees at your company, you need to have a grasp of human resources issues
- Get a firm grasp of employment laws and requirements
- Advance preparations allow you to develop a staffing plan, determine wages, and more
- Understand why a business plan is important and what it needs to accomplish
- This document provides crucial guidance and minimizes the chances that you’ll run into common mistakes
- Business plans can be dynamic documents, useful to both startups and established companies
- Understand different types of business plans
- Business plans can assist you when starting a business and when growing one
- Choosing wisely during the different periods of your business will help you better achieve your goals
- Understand the details about what a trademark is and how to apply for one
- For those starting or expanding businesses
- Learn how a trademark can protect your services, goods, and logos
- Understand the difference between domain names, business entities, and trademarks
- An essential distinction to learn when you start your business
- Clear explanations from a knowledgeable attorney
- NAICS codes are a 2- to 6-digit code that help businesses with getting loans and government-related services
- Businesses that wish to become government contractors or verified veteran-owned businesses especially need this
- Tips for you to know how to get NAICSs codes.
