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Business Articles

Basic Steps When Buying a Business

Submitted by HTFDBUS on Mon, 01/01/2018 - 21:12

When potential buyers contact us we generally start off the conversation by asking the question "Why do you want to buy a business"? These are generally the 3-4 responses we receive.They range from it that time in your life when you don't want to work for someone else and have the desire is there to purchase a business. Or you are in between jobs, or seeking a career change. Or you have been out of college for a couple of years and its that time to go into your own business.

The 2018 Tax Law Changes - When Purchasing a Business – Should You Form an LLC or an “S” Corporation?

Submitted by HTFDBUS on Mon, 01/01/2018 - 16:32

In view of the 2018 tax law changes, probably the most important step you will take. Whether your going to purchase or start a business - you are immediately confronted with what should the legal form of ownership for your new business be, in other words should you be a sole proprietor, LLC, LLP, S Corp or C Corp. You should get out in front of this long before you purchase or start your business.