Not you. Other entrepreneurs/freelancers/contractors. Of course, you don’t hesitate to consult with an attorney about launching, running or growing your business. That’s just how you roll. But those other folks just don’t see the value in paying an attorney to talk about this stuff. To them, everybody knows how to decide what’s right from a [...]
Nevada Nonsense: The TRUTH about Nevada LLCs
I always get questions from folks wanting to know if they should set up a Nevada LLC or corporation because they’ve seen one on the internet or been to some seminar where they were told that they should form a Nevada company to avoid paying state income tax. Um…how shall I say this? That’s a [...]
How to Start a Business: Part 4
Once you receive your Certificate of Organization back from the Secretary of State, you should apply for your federal tax identification number. You can apply by mail using the SS4 form, over the phone or online. Go to http://tinyurl.com/3w73z to apply. You’ll find all the information you need there for whichever way you want to apply. This [...]
How to Start a Business: Part 3
Which Legal Entity Should I Pick? So, we’ve written our VISION PLAN and our one page BUSINESS PLAN. Now, it’s time to actually form the legal entity. Should you be an limited liability company (LLC) or a corporation? If a corporation, should you elect S Corp status? And if there is more than 1 [...]
LLC Owners–Where’s Your Operating Agreement?
Often times I’m asked why someone should use an attorney to form a “simple” LLC when “all you have to do is”…and then the person proceeds to tell me how easy it is to form an LLC. I usually never try to debate the merits of using an attorney versus doing it yourself. Clearly, I [...]
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Overcoming Fear of Failure…and Success
March 29, 2012
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Trayvon Martin & My Sons
March 22, 2012
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Business Planning: The Quadrant Approach
March 8, 2012
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Four Reasons Why You Don’t Need a Business Plan
February 29, 2012
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The Portfolio Career
February 3, 2012
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Traci: Hi Fran, so do I. I've spent a lot of time think...
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Fran: I wish I knew the answer....
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Traci: Thanks Rachel. You're right. Nothing is going t...
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Rachel: Traci - this is unreal and really cuts to the poin...
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Traci: Thanks for commenting. You make some excellent po...
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