A lot is riding on the business entity type you choose. The business structure you decide on affects your legal liability as an owner, tax obligations, growth potential, and compliance requirements you'll need to satisfy on an ongoing basis. To make matters more complex, the entity type that's right at the beginning of a business's existence may not continue to be the ideal choice as the company grows and evolves.
So, what's an entrepreneur to do? First and foremost, I encourage business owners to consult with a licensed attorney and accountant or tax advisor to get professional guidance. Every situation is unique, so it's critical to have expert advice before making the crucial decisions of choosing a business entity and assessing when it's time for a change.
In case you are keeping track:
Small Business Relief Grant Programs available for Logan County businesses – Examiner Online
The Logan County Chamber of Commerce has announced three new small business grant programs available to businesses in Logan County, with applications due Nov. 27.
The program is made possible through Logan County Commissioners, City of Bellefontaine, and Village of West Liberty for allocating a portion of their federal CARES Act dollars to the chamber for this specific purpose.
The three separate grant programs have nearly identical eligibility criteria with the exception that one provides grants to businesses within the city of Bellefontaine, one for those in West Liberty, and the third for any business in Logan County.
NY Business Leaders Push Trump to Begin Transition - The New York Times
Even one of Mr. Trump's stalwart supporters, Stephen A. Schwarzman, the chief executive of Blackstone, the private equity firm, said in a statement that "the outcome is very certain today and the country should move on." While he did not sign a letter sent to the administration by the other executives, he said he was "now ready to help President-elect Biden and his team."
Signatories to the letter included the chief executives of Mastercard, Visa, MetLife, Accenture, the Carlyle Group, Condé Nast, McGraw-Hill, WeWork and American International Group, among others. They included some of the most important players in the financial industry: David M. Solomon, the chief executive of Goldman Sachs; Laurence D. Fink, chief executive of the asset management giant BlackRock; Jon Gray, Blackstone's president; and Henry R.
It's Your Business | Veteran restaurateurs open Champaign pizza parlor | Business |
And here's another article:
German business confidence down for 2nd consecutive month
BERLIN (AP) — Business confidence in Germany, Europe's biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial shutdowns across the continent, a closely watched survey showed Tuesday.
Still, the decline was smaller than economists had predicted. And official data released separately on Tuesday showed that the economy performed a bit better in the third quarter than previously reported.
Small businesses hope for more business during the holidays | wfaa.com
Small businesses have struggled during the coronavirus pandemic but the owners hope holiday shopping will boost their sales.
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"Dallas has a lot of great architecture, and a lot of that is inspired in my jewelry," she said.
Richard doesn't have a storefront but sells her work at the Dallas Farmers Market and the Deep Ellum Outdoor Market. It's where she finds the most success.
Even so, this year has been challenging, and Richard hopes people will support small businesses during the holiday season.
Coronavirus in Minnesota: Walz to push business relief package at Legislature | MinnPost
MinnPost provides updates on coronavirus in Minnesota Sunday through Friday. The information is published following a press phone call with members of the Walz administration or after the release of daily COVID-19 figures by the Minnesota Department of Health.
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The governor said he has not spoken with Republicans who control the Minnesota Senate about his plan, but believes they are open to negotiating business relief, especially as Congress remains in talks over a federal stimulus package. "It's absolutely critical that we get something quickly to these businesses, we get something that makes a material difference to them and bridges the gap until the federal government can do what they need to do," Walz said.
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