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Business Formation & Planning Archives

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.

Choosing the best business partner is an essential step

Starting a new business, or bringing on a business partner as your company grows, is an exciting time full of unlimited potential as you look at the future. Creating the perfect partnership is a crucial step—but is often one of the hardest to get right.

Know the do’s and don’ts of starting a business

There can be a lot of unpredictable ups and downs when starting and running a successful business. A lot of the challenges are surprises that the business owner will simply have to learn along the way. But if you are starting a small business, there are definitely measures that you can take to prepare your venture for success.

Amazon considering Georgia for a second headquarters

As one of the largest companies in the world, online retailer Amazon is looking to expand their business with an extensive new headquarters. Their site selection team is currently looking at a variety of cities to build their next building in—and bring an estimated 50,000 corporate jobs to the area.

Don’t ignore legal issues when starting a business with a friend

Starting a new business with a good friend can be very exciting, and carry many benefits. However, such a venture can also have challenges. How well-suited a business venture undertaken by friends is for meeting such challenges can in part depend on what is done as the business is being set up.

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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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