How To Buy A Business: The Legal Side

How To Buy A Business: The Legal Side Buying or selling a business is a big event in your life. The legal process of how to buy a business includes a lot of documentation, and mistakes can cost you upwards of $25,000 in escrow alone if the deal goes south. It can be extremely stressful […]

Video: How to start a 501(c)3 charity [4 Steps]

https://youtu.be/d42KSQMN5EU Transcript: Hey, everyone, welcome to V-FAQ’s. I’m attorney Joe Collier and today we’re going to talk about how to start a tax exempt company. A lot of you know this as a 501(c)3 and to get started, you have to have one of three eligible entities, that’s a trust and unregistered association or corporation. […]

How To Start a 501(c)3 Charity

Starting a charity or tax-exempt company can be a daunting task. I am going to break it down into two simple, easily digestible steps so that you know exactly how to run a new tax-exempt company. Starting up To start the company you must first have one of the following entities: (1) a corporation, (2) […]

Video: How To Start A Corporation [4 Requirements]

https://www.youtube.com/watch?v=t2s9kXT6ZYQ Transcript: Hey everyone, welcome to V-FAQ’s I’m attorney Joe Collier and today we’re going to talk about how to start a corporation. Now we’re going to break that down into four requirements, the first being the articles of incorporation. That’s the filing that you make on the Secretary of State’s website. That’s the business […]

Video: How To Start A Business [4 Steps]

https://www.youtube.com/watch?v=UM2NNIqocqI&t=3s Transcript: Hey, everyone, welcome to V-FAQ’s. I’m attorney Joe Collier and today we’re going to talk about what you need to start a business. Now what you need to start a business is yes, registering your business name. But a lot of people stop there, that’s not enough that you will not get any […]

4 Reasons Why You Need An Operating Agreement

Operating agreements are the governing documents of an LLC. They set rules for various issues a business faces during its life cycle. LLCs have become the most popular business structure, making it more important than ever for business owners to understand what operating agreements are and to take advantage of their value. Although operating agreements […]

Why You Need a Lawyer to Start a Business: Part II

There are 2 reasons to start a business: (1) saving money on taxes from income producing activity, and (2) protecting your personal assets from creditor liability. This post concerns protecting your personal assets from creditor liability. You protect your personal assets by doing business under a separate legal entity. Certain business formations are separate legal […]

Why You Need a Lawyer to Start a Business: Part I

There are 2 reasons to start a business: (1) saving money on taxes from income producing activity, and (2) protecting your personal assets from creditor liability. This post concerns saving money on taxes. Saving money on taxes  All money earned is subject to a Social Security tax and a Medicare tax. The Social Security tax […]