Forming a Company

Blog

A Warning About Partnerships
Are you considering a business partnership with someone outside of your family?  Any business lawyer will likely immediately speak up about the complexities and high failure rates of partnerships.  In my experience, what usually goes sideways in business partnerships are the following:...
 
 
Naming Your Startup - Part II
I came across a blog that had another good take on naming a company (see Naming Your Startup - Part I): What’s in a company name? Plenty. It’s your first opportunity to brand yourself. Get it right and you’ll stand out as clever, useful, and memorable to potential users and investors...
 
 
Naming Your Startup - Part I
Fifteen years ago when I was getting ready to name my first company, I was really at a loss on how to go about the process.  Back then there was no such thing as Google and startup blogs and I had nowhere to turn for help for being creative and since I am not nearly as gifted on the...
 
 
Which Business Entity is Right for You?
Business Week recently ran an excellent article on the different forms of legal business entities and the advantages of each... Room To Grow S corporations, C corps, LLCswading through the alphabet soup of incorporation options is one of your move important early business moves Your idea is...
 
 

Q&A

Should I Buy Into This Franchise?
I am a Christian and college graduate with eighteen years of financial services experience. I am considering a franchise opportunity in senior care, but the franchisor (a friend) has yet to document the entire business opportunity and is offering me a discounted beta rate to be his first...
 
1 comment
Evaluating a Franchise Opportunity
If one does not have an entrepreneurial personality, but a good work effort, are franchise ownership a reasonable direction? How does one evaluate franchising? ...
 
 
For Profit or Non-Profit Company Structure?
In terms of a ministry, how does one decide whether to make one's idea/model non-profit or profit and can you have an endeavor be both profit and non-profit (one part profit, one part not-for-profit)? ...
 
 
A Framework To Evaluate Yoking Concerns
As a former executive, I am considering establishing a consultancy in my field.  I hope to license and adapt some educational and management training materials for use in my consulting.  The entrepreneurs who have developed the materials and methods are not believers, but I would...
 
 
Legal Structure for Home-Based Business
Which legal structure is best for a home-based business?...
 
 
Legal Formation Costs
How can I avoid unnecessary legal cost when establishing or forming my company?...
 
 
Creating a Logo
Can you offer any tips on how I go about creating a logo for my company? ...
 
 
Tax Advantages of a Sole Proprietorship
What are the tax advantages of using the sole proprietorship structure for a family business?...
 
 
Sole Proprietorship Set-Up Checklist
What steps do I need to take to set up a sole proprietorship?...
 
 
Choosing Between Legal Structures
How should I go about choosing which legal structure is right for my new business? ...
 
2 comments
All About Sole Proprietorships
Can you please tell me more about Sole Proprietorships?...
 
 
All About Partnerships
Can you please tell me more about Partnerships?...
 
 
All About Corporations
Can you please tell me more about Corporations?...
 
 

Links

Secretary of State Website Directory
 
State and Local Government Website Directory
 

Quotes

Proverbs 14:23
"In all labor there is profit, but idle chatter leads only to poverty." – Prov 14:23 (NKJV) ...
 
 


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Additional resources offered by New Venture Lab:

Family Works: Inspiring Profiles of Family Business - Volume One

Family Works: Inspirting Profiles of Family Business - Volume Two

Venture Academy Online - subscription-based HD video of our Christian entrepreneurship training course

 

Startup Financial Model Website

The Startup Financial Model a detailed, multi-sheet, completely integrated, easy-to-configure Excel-based business plan model for those who are planning or running a startup or small business and want an excellent financial model to enhance their business plan and capital-raising efforts. This companion site of ours includes step-by-step video instructions and customers choose what price they pay.