Your Comprehensive Guide To Dissolving an LLC
Dissolving an LLC must be done correctly to avoid tax penalties and personal liability at the end. Whether it’s due to changes in business goals, financial difficulties, or a simple desire to move on to new ventures, understanding how to dissolve an LLC is crucial. In...Understanding Time and a Half: A Crucial Concept for Fair Compensation in Your LLC
Imagine this — you’re an employee of an LLC. One day, you read your payslip only to find out that you haven’t been paid your time and half rate. Calmly, you approach your manager and request them to recheck your payslip and the books. Surely enough, a discrepancy was...
How To Use a Virtual Address for Your LLC: A Comprehensive Guide
When running a limited liability company (LLC), maintaining privacy, professionalism, and flexibility in your business operations is crucial. A virtual address can be an asset for your LLC, offering many benefits. In this article, we will discuss what is a virtual...
How Does an LLC Protect Me?
What Does a Limited Liability Company Protect Me From? Starting a business can be exhilarating but comes with its fair share of risks. Without the appropriate legal structure in place, your personal assets could be in jeopardy. This is where a limited liability...
Hi, I'm Wesley! A business attorney turned entrepreneur devoted to simplifying how you protect your business and your assets. Like you, I'm an business owner so I get it and I started Drafted Legal to help you put in place simple and sound legal strategies so you can focus on your business and not worry about getting lost in legal nuances.
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