Starting a business takes work. There’s no way around it. This guide is meant to remove the guesswork and lay out a clear and simple plan for you to follow to smoothly start and operate a successful business....

To find out how to start an LLC in your state simply choose your state from the list below. Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire ......

Expedited filing is a popular option for corporations seeking to shorten the time it takes to receive approval of their articles of incorporation filed with the state. This option often results in time savings of two or three weeks, allowing the corporation to open its doors and start receiving revenue much faster. The requirements for using expedit...

"Household employees" are those that perform household work in your private, non-farm home (for example, child care, housekeeping, or gardening work). If you hire someone to do household work and you can control what work he or she does and how he or she does it, then you have a household employee....

Think of corporate bylaws as an internal rulebook for the organization’s key decision-makers. They specify the corporate governance procedures, including how the board of directors and any committee members will be selected, when and how annual meetings will be conducted, and how to deal with conflicts of interest between the company and its decisio...

The Internal Revenue Service's classification of "Agricultural Employees" includes farm workers that raise or harvest agricultural or horticultural products on a farm, including raising livestock. It also includes those who work in connection with the operation, management, conservation, improvement, or maintenance of a farm and its tools and equipm...

Almost all states expressly prohibit nonprofits from issuing stock shares. This is because, unlike other types of corporations, nonprofits may not operate for profit. Therefore, there is no goal of increasing value for shareholders. Instead, profits get reinvested in the corporation. However, a few states do allow nonprofits to issue stock shares th...

Although federal law does not require specific language in most organizations’ bylaws, some states require that bylaws be filed at the time of incorporation or shortly thereafter. In most states, corporate bylaws are simply approved by the board of directors at the first board meeting. The board approves subsequent amendments of the bylaws according...

A corporation is considered to have separate “legal personality” from the people that own it—the shareholders. This means that a corporation has the ability to enter into and enforce contracts. Additionally, a corporation can also accrue debt and own assets. As a separate legal entity, if any creditors attempt to enforce a debt against a corporation...

In short, no. The main function of voting members is to elect the board of directors. In fact, most companies choose not to use voting members at all, instead opting to only use a board of directors, which is elected at the first corporate meeting. These boards are self-perpetuating in that they elect their own replacement members and additional mem...