Insights & Analysis


Troy Ortiz Troy Ortiz

Why You Might Want to Hire Someone to Be Your Registered Agent

If your business is registered with the state, you must designate a registered agent to receive legal and tax documents on your behalf. While you can act as your own agent, hiring a professional service can provide added privacy, compliance support, and peace of mind. A registered agent ensures you never miss crucial deadlines or legal notices, helping keep your business in good standing. Learn more about why outsourcing this role could be a smart move for your business.

Read More
Troy Ortiz Troy Ortiz

Why You Need an Employer Identification Number

If you're starting a new business, obtaining an Employer Identification Number (EIN) is a crucial step that many entrepreneurs overlook. An EIN acts as a business’s unique tax ID and is required for hiring employees, opening business bank accounts, and filing taxes. It also protects business owners from identity theft by preventing the use of their Social Security numbers in business transactions. Learn how an EIN can benefit your business and how to apply for one quickly and easily.

Read More
Troy Ortiz Troy Ortiz

Most Common DIY Contract Mistakes

Small business owners often juggle multiple roles, including handling their own contracts. While DIY contracts may seem like a cost-effective solution, they can expose businesses to serious legal risks. From missing key provisions to ambiguous language, contract mistakes can lead to costly disputes and unintended obligations. Learn the most common DIY contract pitfalls and how to protect your business with properly drafted agreements.

Read More
Troy Ortiz Troy Ortiz

Changing Your Business's Legal Structure

As your business grows, so do your legal and financial responsibilities. Whether you're adding employees, seeking investors, or reducing tax burdens, choosing the right business structure is crucial. Learn why and how to transition to an LLC, S-corp, or C-corp while ensuring compliance and protecting your assets.

Read More
Troy Ortiz Troy Ortiz

How to Keep Your LLC in Good Standing

Starting an LLC is a major milestone, but keeping it in good standing is just as important. Failing to comply with state requirements can result in fines, loss of business privileges, or even dissolution. Learn the essential steps to maintain your LLC’s status and avoid costly mistakes.

Read More
Troy Ortiz Troy Ortiz

What Is a Series LLC, and Can I Use One?

A Series LLC is a unique business structure that allows multiple legally distinct sub-entities within a single LLC, offering potential cost savings and liability protection. However, not all states permit them, and maintaining the liability shield requires careful legal compliance. With uncertainties in state and federal law, forming a Series LLC demands experienced legal counsel. Learn whether this complex structure is the right fit for your business.

Read More
Troy Ortiz Troy Ortiz

Should I Buy a Franchise?

Buying a franchise can be an attractive path to business ownership, offering a proven model and brand recognition. However, it also comes with strict contractual obligations and limited control over key business decisions. Before investing, it's crucial to understand the legal framework, including the Franchise Disclosure Document (FDD), franchise agreement, and potential risks. This article explores the pros, cons, and legal considerations to help you determine if franchising is the right choice for you.

Read More