Archive for July, 2011

Separate your Business and Personal Accounts

Wednesday, July 27th, 2011

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This is Part II of the Delaware LLC series.  Start series here.

The sign at Barclays Bank Limited

In order to protect your personal assets, it’s vital to separate your personal money, expenses, and debt from those of your business, or you may forfeit the legal protections that LLCs and corporations offer.

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Protect your Startup with a Delaware LLC

Monday, July 25th, 2011

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ReadyPrompt, LLC

Part I: Why you need one, and your options

This is the first of a three-part series on how to set your startup with a Delaware LLC. I recently did this, and will guide you through the process. Let’s get started.

Sole Proprietorships are good if you are very small

When you’re first starting your business and you’re making a few bucks, you don’t have to worry too much about getting sued. For one, you may only have a few customers, you’re making them happy, and they are paying you. But as time goes on and your customer base grows, it’s realistic to expect that something will go wrong.

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