Posts tagged: featured
The Articles of Organization vs. The Operating Agreement
These are not the same document. Most new LLC owners treat them as if they are. What each one governs, what the operating agreement needs to contain, and what happens when it's silent.
Contractor vs. Employee: The Test the IRS Uses (And How Companies Fail It)
The distinction between an independent contractor and an employee is not made by the agreement you sign. It is made by the actual nature of the working relationship.
How Much Money You Actually Need (The Honest Calculation)
The optimistic version of the startup capital calculation starts with fixed costs and adds a revenue ramp. The honest version includes what the optimistic version leaves out.
What an LLC Actually Protects (And What It Doesn't)
The liability shield is real. It is also not absolute. What the LLC form actually covers, what it doesn't touch, and the specific behaviors that make it disappear.
Separating Owner Compensation from Business Cash
In the early days, the owner's money and the business's money can feel like the same money. They are not, and the habits you build in the first year determine whether you have honest financial signals.