When a full time employee goes on his/her own and starts selling his/her services there is one interesting thing that he provides the companies who may be interested in hiring them:  A Market.
Big companies can’t offer services that they can’t deliver.  But since the contractor offers to deliver services on their behalf, now they have access [...]

Very often, especially during social activities, people start blurting ideas to me on how I can improve my business or new ventures I can undertake to make more money. The idea is usually summarized in one or two sentences, and the plan doesn’t go beyond what a drink can last. It irritates me [...]

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A Limited Liability Corporation (LLC) can be treated as an S-Corporation or as a Partnership by the Federal Government Internal Revenue Service (IRS) (you fill out form 8832 to classify it as Partnership). When I established my LLC I made it a Partnership: a very flexible arrangement that allows me to divide the earnings [...]

Massachusetts requires Limited Liability Corporations to present an Annual Report every year, on or before the anniversary date of the corporation.  They request you to confirm the information you entered at the time of registration or ammendment.  And they leave you space to inform the state and your LLC members of any other important information [...]

One of the benefits of incorporating is separating your personal liability from your business liability. Banks, however, do not like to loan to small business as easily as they do to people. People have a credit history and a capacity to earn money: and they try not to cease to exist when [...]

 

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