Betty, Neuman & McMahon, P.L.C.
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business formation & planning Archives

What are the steps for starting a business?

Starting a business is a big and exciting step so it is helpful to know what the steps for starting a business are. There are also important ways business law can help in the business formation and planning process so that the new business can start out on the right foot.

Options for selecting the best business form

Starting up a business can sometimes feel like a leap of faith, however, the business law legal system provides important tools and resources to help new business owners and entrepreneurs select the best business form for their goals and needs. It is important to be familiar with business formation and planning and options available to help get the business going but also to accommodate its future growth down the road.

What is the difference between a c corp and a s corp?

Many questions come up when starting a new business and one of them is usually what business form to use. There are a variety of different business forms to be familiar with and one type is a corporation. Understanding the benefit of the corporate business form and the different corporate structures is important for business owners and entrepreneurs.

Four steps to get started succession planning now

None of us will live forever, and most of us do not want to work forever either. If you own your own company, it is important to plan for your retirement or unexpected death. If your business is to be your legacy and continue beyond your involvement, you must engage in succession planning early enough to ensure your successor has all the necessary skills to replace you.

The importance of business formation

Selecting the best business form for a new business is one of the most important start-up steps. Oftentimes, this step can be overlooked and its importance undervalued but it should not be because the business form selected will impact taxation, management and liability concerns.

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Betty, Neuman & McMahon, P.L.C.
1900 East 54th Street
Davenport, IA 52807

Phone: 563-326-4491
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