Tag Archives: Business in Nevada


Renting or Buying a Business Location — 60 Second Business Tip

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Depending upon your business, you may decide to rent or buy a business location to provide your products and services or to store your inventory and equipment. If you’re a startup, buying a building may present too big of a risk. Establishing a physical location involves both one-time outlays, such as security deposits or closing […]

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LLC Basics — 60 Second Business Tip

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A limited liability company, also called an LLC, is a hybrid entity, bringing together some of the best features of partnerships and corporations. LLCs were created to provide business owners with the liability protection that corporations enjoy without the double taxation. If the LLC chooses to be taxed as a partnership, the earnings and losses […]

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The S Corporation — 60 Second Business Tip

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An S Corporation is a tax election made with the IRS that allows a business to be taxed like a sole proprietor or partnership. It’s often referred to as a ‘pass-through’ entity since the corporate profits and losses are passed through and reported on the personal income tax returns of its shareholders. Taking the S […]

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Expanding Your Home Based Business — 60 Second Business Tip

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Running a home based business has numerous advantages for many business models, and for businesses of different ages. But how do you make a seamless and cost effective transition from a home based business to a professional office space? If you are considering a commercial property lease, make sure you have a clear sense of […]

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Basic Bookkeeping — 60 Second Business Tip

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To succeed in business, one of your most important tools is financial analysis, based on your business records. Accurate financial records will help you answer some very important questions. Are you making money, or losing it? How much? Is your business on sound financial ground, or are troubles lurking ahead? A sound bookkeeping system is […]

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