Transition from Sole Proprietorship to LLC

Sole Proprietorship Sole proprietorship is by far one of the most basic form of business to start. This is typically where an individual operates his or her own business. The advantage of a Sole Proprietorship is that it involves little or no paperwork and can be easily managed by anyone. However, the downside is that the […]

Cool Apps: Amazon Echo

Did you ever want a secretary that could answer questions all day? Amazon has a cool app: Amazon Echo.  While Amazon’s Echo product can’t fetch coffee, it can perform all sorts of digital tasks that come up in daily life at work and at home. Many Choices: There are three types of Amazon Echos: The […]

Could Your Business Survive a Disaster?

As business owners, we want to remain optimistic about our business’s future. But life can happen, and we need to be prepared.  Could your business survive a disaster?  A good business owner thinks about all the risks to their business and has a plan in place to reduce or eliminate them.  In 2017, we’ve already […]

Pros and Cons of an LLC

Pros and Cons of an LLC Has the thought of starting an Limited Liability Company (LLC)  lingered around for a while now? An LLC is a business organization that can be a combination between a partnership or a sole proprietorship and corporation. LLCs are known to allow a more flexible management agreement. They also give a lot of […]

What is a Sole Proprietorship?

A Sole Proprietorship is a type of business entity that is owned by one person making this person the “sole” owner. Such entity has no legal distinction between the owner and the business. It does not require complex state filing documents and allows individuals to report their business income and expenses on the individual’s tax returns. If you […]

Start a Business in California

When you start a business in California, the first decision a business owner must make is to decide which type of entity they want to establish. This is generally something you will want to discuss with your CPA as they are familiar with your taxes. Each type of business has pros and cons and there […]