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If you are a licensed professional in New York State, protecting yourself and your business should be a primary step to solidifying your professional reputation. By establishing your business as a professional service limited liability company (PLLC), you can protect your personal assets while giving your business credibility in the eyes of banks and of

An LLC is a great choice of business entity when your company is in its early growth stages, with a small circle of owners and the flexibility to manage your operations as you see fit. But there comes a time when it may be beneficial to convert your LLC to a corporation. Some reasons for

One of the advantages of choosing LLC as your business entity is the ability to easily add and remove members to and from your organization. However, you should be careful to abide by the terms of your LLC’s Operating Agreement, Articles of Operation or any other documents that detail the process of adding and removing

If you are like many small business owners, you love being in control of your own destiny, doing the things you love to do and making money in the process. But the feelings of autonomy and control that inspired you to start a business in the first place can be your undoing if you fail

One of the many benefits of establishing your business entity as an LLC in New York is the ease with which you can add or change members. To get started, consult your LLC’s current Articles of Organization, along with your Operating Agreement, to review any guidelines or stipulations they may contain regarding the proper procedures

When you first formed your business, you chose a name that you thought would exemplify who you are and what you do. However, sometimes a name can make or break your business. Perhaps your business has evolved to encompass additional products or services, or maybe it is not drawing the Web traffic you desire. Regardless

Whether you are purchasing real estate as an investment or you simply wish to remain incognito while enjoying limited liability for yourself and your property, forming a Real Estate LLC offers several advantages over personal ownership. In fact, many celebrities and Wall Street investors routinely purchase property under the guise of an LLC, to maintain

Many people assume that if your business has only one member, namely you, that you must establish your business as a sole proprietorship. However, that is not the case. To protect your personal assets from business losses and operate as a reputable business, a single-member LLC may be the best legal entity for your business.

There are plenty of job opportunities for lawyers out there, if you don’t mind abiding by company rules and working long hours with whatever clients are assigned to you. But if you want the flexibility of managing your own schedule and working from anywhere, with clients of your own choosing, then starting your own law

If you are reading this article, you probably already know that LLC stands for limited liability company, and that forming an LLC is a smart move for small businesses. What you may not be aware of is how operating an LLC in more than one state may affect your company. In any state that recognizes