Protecting Your Interests
The first step in starting a business is determining the appropriate business structure. Two of the most popular options are limited liability companies and S-corporations, but you do not have to choose one or the other. Unlike LLCs, S-corporations refer to taxing...
As a business owner, there are several issues you need to take into consideration, especially when first starting. One of these has to do with hiring and firing employees. Employees are the backbone of your business. You want to keep them happy, yet when it comes time...
The state of Nevada is home to many entrepreneurs who are starting a new business. Due to the business-friendly allowances for operators primarily in Las Vegas and Reno, many new startups get established in Nevada. The most important decision these businesses make at...
Moving into a commercial building may be an effective way to scale your Nevada business. However, it's important that you fully understand the terms of the lease before signing it. An attorney can review a proposed agreement before it goes into effect to determine if...
A limited liability company (LLC) is similar to a corporation in many different ways. For example, like a corporation, an LLC is separate from its owners. Therefore, anyone who tries to file a claim against the company can only recover assets owned by that entity. In...
In 2015, there were 1.56 million nonprofit organizations in Nevada and throughout the United States. This type of entity seeks to benefit the public as opposed to its owners or shareholders. These organizations generally engage in activities such as preventing cruelty...
The commercial realm that business principals in Las Vegas and across Nevada participate in is complex, multi-faceted and constantly evolving. Put another way: It demands foresight, entrepreneurial energy and sound decision making at every turn from owners and...
From business formation through expansion, the strength of your organization’s contracts is the cornerstone of success. Developing and maintaining clear, efficient business contracts is crucial to building relationships with vendors, suppliers, partners and employees....
Choosing a structure is one of the most important decisions you will make as you create your business. It will shape how your business functions and your opportunities for the future. The U.S. Small Business Administration explains each type of business structure...
You’re a small business owner. You have a nice location near the center of town. But one day, you go to open up shop and see a new business moving in two doors down. When you go to welcome them, you realize it’s one of your competitors. Is your landlord even allowed...