Is an LLC a Business License?
Starting a business as a digital nomad or remote entrepreneur comes with unique challenges. With 60% of Americans starting businesses to be their own bosses, understanding the fundamental differences between business structures and licensing requirements is crucial for your success. One of the most common questions new entrepreneurs ask is: “Is an LLC a business […]
How Many DBAs Can an LLC Have?
The name of a company is extremely important; it’s the first impression potential customers will get when they seek you out. The initial name you picked may work for your main business, but as you expand your offerings, maybe you’ve found that it’s not well-suited anymore. One way to get around this is to use […]
Can You Have Multiple Businesses Under One LLC?
Despite all the doom and gloom you hear about small businesses, it’s really not that bad. In 2021, 59% were still standing after six years, and 15% were still in business after 25 years! Once you’ve established yourself, you’ll have something to be proud of for years to come. However, why not expand your company […]
Does a Sole Proprietor Need a 1099?
A sole proprietorship is one of the easiest types of businesses to create if you’re pursuing a passion on your own and want to make money from it. It’s an unincorporated business, but you can always change things in the future if you wish. If you are asking, “Does a Sole Proprietor Need a 1099?” […]
Am I Self-Employed if I Own an LLC?
In the fourth quarter of 2023, there were 9.1 million unincorporated self-employed workers in the US, which accounted for 5.7% of all nonagricultural workers. While the numbers are still relatively small, it’s evident that self-employment has become a path many seek. If you’re asking, “Am I self employed if I own an LLC?” this post […]
Do I Need a Business License?
As of 2024, there are over 31 million entrepreneurs in the US, and global entrepreneurship has exploded in the last 15 years. The pandemic showed us that non-traditional career paths were possible, which also accelerated this shift. You may be late to the game though, and you’re only just ready to explore this new chapter […]