I got some sad news last week. A friend, actually another small business owner, had finally reached the breaking point. He had found he was working … [Read more...] about Why You’re Working Too Hard
New business
Steps for Electing Sub S Status for Washington LLC or Corp
In earlier posts, I've described how to set up your own Washington corporation or limited liability company. And I've talked about the rules for and … [Read more...] about Steps for Electing Sub S Status for Washington LLC or Corp
Forming a Washington State Corporation
You can pay one of those online services to set up a Washington corporation. But if you’re at all the do-it-yourself type, the actual steps you take … [Read more...] about Forming a Washington State Corporation
What Sort of Accounting System Does a Small Corporation Need?
I've been working with the new version of QuickBooks the last couple of weeks. And that activity has made me think in very general terms about the … [Read more...] about What Sort of Accounting System Does a Small Corporation Need?
Washington State LLC vs Corporation Rules
New business owners often want to organize a venture as a corporation or limited liability company. And that choice makes great sense. Both LLCs and … [Read more...] about Washington State LLC vs Corporation Rules
EIN Rules for Washington LLCs
You may need to get an Employer Identification Number, or EIN, for a new Washington State limited liability company so you can open a bank account and … [Read more...] about EIN Rules for Washington LLCs