Martin Luther King Day has become a day of service for many communities and individuals.  It made me think: what are businesses doing to give back? One strong Triangle trend is social entrepreneurship and its related focus on the triple bottom line.  

A recent blog at The Entrepreneurial Mind discussed  when extreme bootstrapped startups need to spend money on their first big-ticket items: office space and employees.  While I appreciate a controlled burn rate and spending as much as anyone,  entrepreneurs who are most likely to succeed establish relationships with their business attorney, CPA, banker, and commercial [...]

Anyone who is at all active in the Triangle business community knows we are a breeding ground for social enterprise – companies that are formed to achieve a social purpose as well as make a living for the founders.  Social entrepreneurs have two cutting edge resources to available to them in North Carolina  — the [...]

The final entity we will explore is the corporation. Today we will look closely at C-corporations and we will discuss the S-corp in detail another day.

We continue our tour of entities with the limited liability company (LLC).

A Taxing Consideration: Choosing a Business Structure (Sole Proprietorship) When people are starting a business, they are often very confused and overwhelmed as to how to choose an entity, or even whether they need one. Many entrepreneurs look at limiting their legal liability but never consider the tax implications of their business entity. The only [...]