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Business Formation & Planning Archives

What makes a startup fail?

We usually only hear about startups that are successful. When a startup manages to take off, business media love to point to a success story about a small business that made it big. But entrepreneurs who see the behind-the-scenes struggle of running a business know that not every startup is a success.

What do venture capitalists look for in startups?

One of the most difficult parts of getting a small business off the ground is finding adequate funding. Ambitious entrepreneurs look for funding from multiple sources, like business loans, family and friends and even crowdfunding. But there is one particular source of funding that every entrepreneur dreams of: A deep-pocketed venture capitalist who is willing to invest.

Buy a retirement community or start one from scratch?

Perhaps you work in a retirement community or have always had special reasons to want to own one. You have decided the time is coming, and the main question weighing on your mind is whether to buy an existing community or start one from scratch.

Business formation types that limit personal liability

If you are working to establish your own small business, one of the first and most important steps involves determining what type of business entity you would like to create. Different business entities have varying benefits and drawbacks, and what works best for one type of company may differ broadly from what is best for another.

How will the new tax bill affect small businesses?

For the first time since the presidency of Ronald Reagan, the United States tax system is undergoing a massive overhaul. Spearheaded by Congressional Republicans and signed into law by President Trump, the overhaul will herald significant changes for millions of Americans. The new law will take effect on Jan. 1, 2018.

Know these tips for expanding your business internationally

In the global economy of the 21st century, many small and medium-sized businesses are taking the step of expanding internationally. Going global is no mean feat: For emerging businesses, it is a complex process that may be daunting, but can also prove fiscally and culturally rewarding.

C Corporations: An overview

The most common type of corporation in the United States is a C corporation. These corporations are popular because of their nearly unlimited potential for growth through the sale of stock. This is a very tempting prospect for wealthy investors--not to mention, there is no limit to a C corporation's number of shareholders.

Understanding S corporations

Running a small business requires making countless decisions - many of which can drastically impact your success. One of the most critical involves choosing the right business entity. LLCs, LLPs, C corps, S corps... How do you make sense of this alphabet soup? And how do you go about making the right choice?

Seven ways to know if entrepreneurship is right for you

Forming a business may sound enticing, but it isn't for everyone. When starting a small business, there is one important aspect that you should consider before anything else: Yourself. You, as the potential manager and owner of a business, will play an integral part in whether your startup fails or succeeds.

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Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

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