Business Funding Tips - NCH

Business formation April 24, 2024

Passive Partnerships, the right choice for you!

I have had several conversations this week with investors who are considering getting into a partnership but were confused as to the best options as far as structuring goes. Option 1, Do nothing as far as a legal structure goes and invest as two sole proprietors otherwise known as a general partnership. Operating without […]

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Business Funding Tips March 29, 2024

Reducing Risks When Self-Managing Your Rental Properties

As a landlord, managing rental properties comes with its fair share of challenges, and one of the most significant concerns is liability risk. From property damage to tenant injuries, landlords face potential legal and financial repercussions if proper precautions are not taken. However, by implementing essential strategies, landlords can effectively mitigate liability risks and protect […]

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Business Funding Tips March 28, 2024

Understanding Tax Debt: How It Works and What You Can Do to Resolve It

Tax debt can be a significant burden for individuals and businesses alike. Whether due to unforeseen circumstances, financial mismanagement, or simple oversight, owing money to the IRS can result in stress, financial strain, and even legal consequences if left unresolved. Fortunately, there are avenues available for obtaining tax debt relief. What Is Tax Debt Relief? […]

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Business Funding Tips March 25, 2024

A Beginner’s Guide to Understanding & Preparing an Income Statement

Financial management is at the heart of any successful business. To understand and improve your company’s financial performance, you need the right tools. An income statement is one of the most important financial tools. But how do you make sense of it? This guide will walk you through preparing an income statement, its components, and […]

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Business formation March 19, 2024

Do I Need a Business Bank Account For My LLC?

As an entrepreneur or small business owner, starting a limited liability company (LLC) is a significant step toward protecting your personal assets and reducing your liability. However, one important aspect often overlooked is setting up a business bank account for your LLC. Why a Business Bank Account for Your LLC Matters Legal Protection When you […]

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