Category Archives: Legal & Taxes

6 Overlooked Tax Deductions for Small Businesses

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We found out that startups and small businesses breath a bit easier this tax season if they utilize some often overlooked tax deductions. Take a look and see if any can apply to you – the more you can save …

The 4 Ways you can Tax your LLC

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Limited Liability Companies (LLC) are a growing trend in startup structure due to their personal liability protection without the bureaucratic red tape. But one big decision to make after choosing the LLC structure for your small business is to decide how your …

Surety bonds and other hidden costs entrepreneurs should plan for

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When starting a business, entrepreneurs know they need to plan a budget that funds, at minimum, the entire first year of operating costs. Unfortunately, hidden start-up costs almost always come along with starting a new business. These hidden costs often …

Benefit Corporations vs. B-Corporations

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With the new era of Social Enterprise upon us, we are seeing more and more companies blend their business structures between for-profit financial efforts and philanthropic social returns. This rise in social awareness and communal benefits has led to rise …

Types of Insurance for Startups to Consider

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Small businesses are exposed to various risks. Many small businesses are in the form of sole proprietorship and partnership. This largely increases the cost the owners have to take when accidents happen. Therefore, before a small business is launched, its …

Exit Strategy

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When preparing your business plan it is useful to include a section that will consider your future plans and milestones and your possible exit strategy. After all in your business plan you have shown how much time, energy and money …

Finding the Right Business Lawyer for Your Startup Business

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Every small startup business needs the support of experienced professionals. Without a doubt the relationship that your company has with a business lawyer is one that is very important. Before you spend enormous amounts of funds, time and energy it …

Your Startups Pre-Launch Checklist: Legal Entity (Part 10 of 14)

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What Legal Entity Fits Your Startup? This blog post has been prepared by The Startup Garage for informational purposes only and does not constitute advertising, a solicitation, or legal advice. The information contained in this blog post is provided only …

Your Startups Pre-Launch Checklist: Trademarks, Patents, and Copyrights (Part 9 of 14)

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This blog post has been prepared by The Startup Garage for informational purposes only and does not constitute advertising, a solicitation, or legal advice. The information contained in this blog post is provided only as general information which may or …

Your Startups Pre-Launch Checklist: Business Insurance (Part 7 of 14)

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What Type of Insurance is Right for My Company? This blog post has been prepared by The Startup Garage for informational purposes only and does not constitute advertising, a solicitation, or legal advice. The information contained in this blog post …