Blog

Business Formation
Taylor Darcy

What Is a Sole Proprietor?

https://www.youtube.com/watch?v=VFdv0BX0nI0 Have you always dreamed about starting your own business? Not really sure of where to go or what to do? Check out today’s video that discusses how to start your own business. NOTICE: The information on this website does not constitute legal advice. You should not rely on any

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Business Formation
Taylor Darcy

Why Should You Form a Limited Liability Company (LLC)?

In this video, I speak with a business startup attorney about the benefits of forming a limited liability company (LLC). We’ll discuss the different types of LLCs and the benefits they offer, and we’ll answer some questions you may have about starting an LLC. If you’re interested in starting a

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Business Planning
Taylor Darcy

How to Attract Stellar Employees for Your Small Business

Although 58 percent of small business owners indicated that they had hired or tried to hire employees, 86 percent found that there were few or no qualified applicants for their open positions. Nevertheless, there are some strategies that your small business can use to attract excellent employees, even in a tight job market.

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What Small Business Owners Should Know About Business Credit
Business Planning
Taylor Darcy

What Small Business Owners Should Know About Business Credit

For a small business to grow, it is often necessary to borrow money. The Small Business Administration reports that the inability to obtain funding is one of the main obstacles that prevents small businesses from expanding their operations. To increase your business’s chances of obtaining much-needed funding, it is important

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Can Your Small Business Write Off Bad Debts
Business Planning
Taylor Darcy

Can Your Small Business Write Off Bad Debts?

Despite your best efforts to work only with customers or clients you believe will pay for the goods or services your business provides and to diligently collect delinquent amounts owed, you will almost inevitably have to deal with bad debts occasionally. Sometimes, the IRS allows you to take a bad

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4 Reasons to Consider Changing Your Business Structure
Business Formation
Taylor Darcy

4 Reasons to Consider Changing Your Business Structure

As your small business expands and evolves, it may make sense to consider changing its structure. Many small businesses start as sole proprietorships or partnerships, with only one or two owners and no employees. Over time, as your business grows and changes, a more complex business structure may become beneficial.

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Summer is Here Should Your Small Business Have a Vacation Policy
Business Planning
Taylor Darcy

Summer is Here: Should Your Small Business Have a Vacation Policy?

There is no legal requirement for businesses to offer paid or unpaid vacation time to employees, but it is common knowledge (and common sense) that employees who occasionally take time off are more productive and engaged when they return to work. If you offer vacation time to your employees, a

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What You Need to Know About Non-Compete Agreements for Your Employees
Business Planning
Taylor Darcy

What You Need to Know About Non-Compete Agreements for Your Employees

A small business that has invested substantial resources in developing a product or a customer base could be devastated if its employees then go to work for a competitor down the street or set up their own competing business.  A non-competition agreement is an important tool that could protect your

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Business Planning
Taylor Darcy

Steps to Protect Your Small Business from Non-Paying Customers

Unfortunately, most businesses must deal with non-paying customers at least occasionally. You can safeguard the time and money you have invested in your small business by taking several steps, both to lessen the likelihood of nonpayment and to obtain the amount owed once a customer has failed to make a

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Business Planning
Taylor Darcy

Legally Terminating Employees

Most small business owners will occasionally have to face the unpleasant task of firing an employee. Small businesses rely heavily on each employee. An underperforming employee may not only lower the morale of other employees who have to pick up the slack, but may also jeopardize the success of the

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Business Planning
Taylor Darcy

Does Your Small Business Need a Social Media Policy?

According to 2018 data provided by SCORE, the largest provider of volunteer business mentors in the United States, 77% of U.S. small businesses use social media for their sales, marketing, and customer service. If you plan to usesocial media to promote your business, a social media policy is essential to

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