5 Types of Insurance You Need to Protect Your Architecture and Engineering Business
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February 8, 2022, by Laura Worker in Business Compliance.
Different industries come with various inherent risks. Businesses in engineering and architecture are typically more dangerous for employees and third parties because of the equipment used and the types of projects being completed. You need to have the right insurance … Read more
How to Use Tech to Keep Your Business Compliant
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November 27, 2019, by Shelbie Watts in Business Compliance.
Running a business requires an array of moving parts that entrepreneurs must juggle: maintaining employees, increasing profits, and staying compliant so the government doesn’t come after you, to name a few. That last one may not be the most exciting … Read more
EIN Requirements to Change May 13
The Internal Revenue Service recently announced that beginning May 13, corporate entities will no longer be allowed to use their existing Employer Identification Number (EIN) to obtain an EIN for another entity. Only individuals with tax identification numbers may request … Read more
What Licenses Do You Need to Start a Business? 6 Frequently Asked Questions
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October 1, 2018, by Betsy Gonzalez in Business Compliance.
You’ve done your research and laid out your strategy, and the time is looking good for launching your business. So how do you make your vision a reality? Figuring out what steps you need to take and which regulations apply … Read more
Business Name Availability
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January 19, 2015, by James Gilmer in Business Compliance.
Congratulations – you’ve thought long and hard, and have come up with the perfect name for your new business! But wait! Before you start purchasing business cards, designing logos, and signing contracts, you need to make sure your name is actually … Read more
Why the End of Year is Perfect for Starting An LLC
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December 22, 2014, by James Gilmer in Business Compliance.
Updated January 2019
You’ve made a New Year’s Resolution: this is finally the year you make the jump from sole proprietorship to limited liability company. That’s great, but you’re not the only person with a resolution! In fact, so many … Read more
Are Compliance Requirements Driving Entrepreneurs into Hiding?
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September 12, 2014, by James Gilmer in Business Compliance.
In his recent The Washington Post article, “Where have all the entrepreneurs gone?,” Robert Samuelson discusses the aging of American businesses, and laments that the number of entrepreneurs in this country is shrinking, fast. A nation of go-getters … Read more
Corporation or LLC: What’s the Difference?
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September 1, 2014, by James Gilmer in Business Compliance.
As you select a legal structure for your business, you may find yourself choosing either the corporation or LLC (limited liability company). These are the two most common legal entities for a new business, and this post will compare them, … Read more
Do I Need Liability Insurance, Limited Liability Protection, or Both?
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March 15, 2012, by Mike Montali in Business Compliance.
I am often asked how liability insurance is different from limited liability protection. Liability insurance is purchased from an insurance company to cover claims against the business. Business entities such as limited liability companies (LLCs) and corporations provide limited liability … Read more