Posts Tagged ‘business’
Forming an LLC: The best choice for small businesses
Business Owners have been calling me for more than 25 years to ask what I recommend as the best entity – corporation or LLC – to use for their business. Here’s my number #1 choice for most small businesses. I now regularly recommend they form an LLC that makes the S corporation tax election. But » Continue…
How is the value of shares determined if someone wants to sell their shares or leave the corporation?
If the shareholders have planned for the event of someone leaving the corporation, the procedure or method for valuing shares will likely be set out in the bylaws, or a separate Shareholder’s Agreement or Buy-Sell Agreement. If shareholders wait until one of them decides to leave, it will likely be more difficult to reach an » Continue…
What is "cheap stock"?
Cheap stock generally refers to the initial or first shares of stock issued in a company. The value of the stock is often relatively cheap because the company is just starting and has not built up or developed significant value. As the company itself grows and becomes more valuable, the stock will likewise become more » Continue…
Putting Together A Business Plan That Really Works
When you get a business going it is generally something that you have been thinking about for some time. A lot of the time this idea is something that hasn’t been done yet. You might have to figure out new ideas the whole way to getting set up. You have to have some kind of » Continue…
