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James Blee - About Author:
For more information on property management fort worth, check out the info available online at The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal Trevor Hoffman Jersey , business plan writers are often challenged by determining the proper level of optimism in their plan. That is, they must create a compelling story to investors while maintaining credibility.

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I see a lot of dumb LLC formation mistakes. Maybe more than most people because I regularly teach a graduate tax class on LLC formation.


Some of the mistakes are made by entrepreneurs and investors trying to save money on accountants and attorney fees. And I guess that's okay--albeit penny- wise and pound-foolish.


But you know what really irks me? Some of these mistakes in fact, most of them are made by attorneys and paralegal services? Professionals who should know better.


But enough whining. Without further fanfare, here are the three dumbest mistakes that I see people make again Eric Hosmer Padres Jersey , and again, and again.


Mistake #1: Forgetting about Foreign LLC Registration Rules


Read those tempting advertisements for Delaware or Nevada limited liability companies? The advertisements sound pretty good, but most small businesses shouldn't use out-of-state llcs or for that matter out-of-state corporations.


Here's why: If you're doing in business in, say, New York Manny Machado Padres Jersey , you're not going to be able to avoid state taxes by forming your llc in, say, Nevada. The tax and corporation laws in your state will require you to register your out-of- state, or foreign, llc in the states where your business operates. Those same laws will require you to pay state income taxes in the states where you earn your income.


A couple more quick points: Large businesses do like Delaware for a variety of reasons'mostly having to with how sophisticated the Delaware chancellery courts are. But this applies to really big businesses that will litigate in Delaware?not small businesses. And N. Cheap Jerseys Cheap Baseball Jerseys Cheap College Hats Cheap Jerseys Cheap Jerseys Cheap Jerseys China Cheap Sports Jerseys Cheap New Jerseys Cheap MLB Jerseys Wholesale Sports Jerseys