When Pennsylvania entrepreneurs start new businesses, choosing an appropriate legal entity structure is important. One type of legal entity structure that is popular among business owners is a limited liability company. An LLC limits the liability of the owners so...
Business Formation
What entity choices do you have for your new business?
As a Pennsylvania entrepreneur, one of the most important decisions you must make is which type of business entity you will choose for your new company. This decision will affect how both you and your company will operate for many years into the future.The Internal...
Should I form a limited liability partnership (LLP)?
Some Pennsylvania entrepreneurs have special concerns about exposing themselves to liability when starting a new business. If you and a business partner are exploring a way to come together to form a business while limiting your liability exposure, a limited liability...
Strategy can support marketing on a limited budget
Forming a business from the ground up requires business leaders to be focused and to sacrifice their own comfort in order to acquire their goals. For many small businesses that are just beginning in Pennsylvania, one of the biggest challenges can be marketing...
Breaking a franchise contract early may be hard to do
You can never be sure how long you will stay in business. Sometimes you just do not find it feasible to keep running your company and you want out. However, if you run a franchise in Pennsylvania, a swift and easy exit may not be in the cards. In fact, if you have not...
Starting a solo business in PA
It is natural for an enterprising individual to consider starting their own business. The ability to be your own boss, to control your own products, make your own schedule and set your own goals are very attractive to many people. One of the best ways to begin your...
Strong networks and successful businesses
At , we are proud to represent Pennsylvania business owners and families. We believe that our support prepares them for success by clarifying plans, advising on structures and helping to make business formation more efficient.We also are...
What should I know about purchasing a franchise?
If you want to be a business owner in Pennsylvania, one option you have is to buy a franchise. A franchise allows you to own your own business that is part of another larger business. For example, you may be able to own a fast food restaurant from a national chain....
Business structures that limit personal liability
Regardless of the nature of the business you plan to establish in Pennsylvania, you are going to run into areas where you face possible exposure to liability. Just how much it can hurt your personal assets when someone sues or files a judgment against your company...
What is the difference between general and limited partnerships?
The prospect of forming a new business in Pennsylvania can be both exciting and overwhelming. Based on the goals you want to accomplish and how you want to operate, one of the first things you need to do is decide on a business structure. Business structures range...