With the exception of sole proprietorships, all business forms are considered entities, and entity management simply describes the practice of efficiently managing the company’s important data and documents to ensure compliance at all times. While it is of course possible to manage your own business systems, many organizations find it easier to use the services […]
Archives for August 2021
Tips for Turning Your Business Idea into A Working Model
While many of us might think we’ve got a great business idea, it takes a committed entrepreneur to follow up on the concept and try to turn into a successful business model. That said, even the most enthusiastic, dynamic and driven of entrepreneurs can be at a complete loss as to where to start, and […]
Do LLCs Pay Self-Employment Taxes?
When selecting an entity type for your business, such as an LLC or a corporation, you’ll need to think about self-employment taxes and their implications. Below is some advice to help make the issue clearer, and should you need further guidance, you can consult with an entity management firm: LLCs and self-employment taxes Generally, sole […]