Running your business is easier with our help. Our services help you keep it compliant and operating efficiently
Yes, even if you didn’t start your LLC or corporation through us, we can still help you run your business. If you do start your LLC with us, you’ll see an option to add on these services when you start. We’re here to make running your business as smooth as possible.
Yes, you can! Multiple businesses under one LLC are considered a single legal entity. They share the same taxpayer identification number and liability protection. If someone sues one business, all business assets under the LLC are at risk.
When running multiple businesses, we advise keeping financials for each business separate.
There may be tax implications, so you’ll want to talk to a professional. Contact us for questions on this.
Most states do allow you to run a business out of your home. Some jurisdictions may have requirements you’ll want to follow.
Many sole proprietors and single-member LLCs work from their homes. Remember that your home address will be on all legal documents and correspondence. This is when a virtual mailbox helps. By using a virtual address, you help protect your privacy.
This isn’t a black-and-white answer. A rental property agreement can prohibit tenants from operating a business from the rental property. If it doesn’t, the tenant will still want to get permission from the landlord. Different locations may also have different requirements.
The amount of money to run a business depends on many factors including the kind of business, necessary expenses, and expected revenue. When you’re first starting your business, list first-time expenses and recurring expenses.
Examples of recurring expenses include rent, utilities, computers, phones, office supplies, inventory of the products, advertising & marketing budget, employee salaries and benefits, professional networking organizations, business cards, insurance, and licenses.
Writing a business plan puts these details on paper, giving you clarity and focus.
The most important Key Performance Indicators (KPIs) depend on the type of business you’re running. At the very least, you want to track revenue and expenses. As you advance, you want to track revenue and sales growth, profitability, cost to acquire and retain customers, cash flow, and inventory management. Employee productivity, marketing effectiveness, customer satisfaction, and operational efficiency are other KPIs that help businesses refine their operations.