When is a corporate filing more than just a filing?

A limited liability company (LLC) provides the flexibility of a partnership with the liability protection of a corporation. The LLC's owners can determine the management and financial structure to meet their needs, while keeping their personal assets beyond the reach of the company's creditors.

A limited liability company (LLC) generally has fewer compliance burdens than a corporation. However, in nearly every state, an annual report must be filed by every LLC formed or registered to do business in the state. An annual report asks for only a few basic facts regarding the LLC, but filing to file can have serious consequences.

The LLC operating agreement defines how the company is run. It covers the crucial areas of management authority, voting rights, allocation of profits, losses and tax items, withdrawal or admitting of members and events triggering a dissolution. Absent an operating agreement, the LLC is governed by the default state rules, which seldom represent what the members would prefer.

Most small business owners elect to form an LLC in the state where the business will operate. However, limited liability company can be formed in any state. Learn more about what is the best state for forming an LLC.

America's Small Business Summit is one of the premier events for business owners to be motivated, informed and connected to government and business leaders. The 10th annual Summit kicks off June 11 in Washington, D.C.. If you can't attend, make plans to follow the events via social media.

Many businesses rely on inventory—items purchased from a vendor for resale to their customers. Effectively managing relationships with vendors is critical to the long-term success of the business. And, the first step in this process is building the right vendor network. Selecting the best vendors for your business doesn’t start with researching potential suppliers.

A company being sued receives notice of the legal action through Service of Process on its Registered Agent.

The proper handling of Service of Process legal documents is one of the most critical responsibilities of your Registered Agent.

Even if your business wasn't directly affected by Yahoo’s decision to use Yelp reviews rather than its own, your online reputation is critical. Here are 5 tips to help you build a positive one.