by ScolieriLaw | May 24, 2012 | Business Articles, Corporate Law
In this series, we will discuss some of the types of business entities legally recognized in Pennsylvania, including LLC’s and the most common types of corporations and partnerships. An LLC, or Limited Liability Company, is a creature of statute that must be formed...
by ScolieriLaw | May 22, 2012 | Business Articles, Corporate Law
Starting your own business is an exciting and challenging endeavor, chock full of surprises, risks, and rewards apt to pop up at any point along the way to success. Whether your business-to-be will be your hobby or your livelihood, there are certain steps early in...
by ScolieriLaw | May 18, 2012 | Corporate Law
One common reason many new businesses fail within the first two years is undercapitalization. That means, simply, that the businesses did not have sufficient cash or other liquid assets to survive through the early stages of growth. If you are serious about...
by ScolieriLaw | May 16, 2012 | Corporate Law
What started as an idea to help others has grown to have a life of its own. You’ve selected and installed directors, incorporated, obtained an EIN, and registered with the state office. Next, you are ready to apply for tax-exempt status. If you have not done so...
by ScolieriLaw | May 14, 2012 | Business Articles, Corporate Law
One of your key employees has just told you he is leaving your firm. Your first thoughts are whether you have sufficient resources in place to carry on his work while you look for his replacement. Then, you hear that he is starting his own business across town. Not...
