Here is a step-by-step guide to starting your new business. 1. Meet with an accountant experienced in business tax law to determine what type of business entity would best suit you and your business. (See the article entitled Business Entity Comparison at www.starrcochran.com for a brief description of the various types of entities.) 2. Choose [...]

Have you ever come across an ad for a product or service that prompted you to say: “Hey! That was my idea!” So why didn’t you act on that great idea? Didn’t know where to start? If so, here is a step-by-step guide to bringing your product or service from imagination to reality. Ask yourself [...]

The two main areas of consideration when choosing a type of business entity are legal and taxation. For legal purposes, do you need to protect your assets from judgments that may arise from lawsuits against your company? Is it important to you that your business continues if you no longer actively participate in it? Because [...]