If you set up a limited liability company (LLC) or corporation for your existing business, what does the new entity own?Too often, the answer is nothing.How does that happen?Your sole …
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Products Licensing: How To Profit From It
Whether you sell products or services, you can make additional revenue by products licensing.If you sell products, find complementary products available from third parties and license the right to …
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Should Your Purchase Of A Business Be Confidential?
When you buy a business, it often makes sense to keep the transfer of ownership confidential. Whether it’s an equity or asset purchase, it rarely makes sense for existing customers to know ownership …
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How To Replace A Business Partner
If you co-own a business but things aren’t working out with your business partner, that usually means one of you has to go if the company is going to survive. In other words, either you or the …
Independent Contractor or Disguised Employee?
Just because the contract you have workers sign is titled "Independent Contractor Agreement" doesn't mean they're actually contractors. Both federal and state governments can decide you have employees …
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Should Your Online Business Use Individual Independent Contractors?
When you need work done for your online business but don't want to hire an employee, what do you do?It depends upon the type of work you want done. For example, if you need an administrative …
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