Angela Lofton Moore

Get $5000 in Tax Write-off before you start your business

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You can write-off certain expenses as long as the business opens. Allowable expenses include those related to Investigation (such as travelling to potential business locations) and Preparation (for example, employee training). There is a separate category related to Organizational costs (fees associated with establishing the business, like legal services). For both Investigation/Preparation and Organizational expenses, … Read more

Hobby, Business or Legacy – what are you building?

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In today’s challenging environment of COVID-19, many small business owners are looking for financial support to maintain their enterprises.  Some of these enterprise owners are finding that the way they have been operating, is less than what can actually be considered running a business.  That brings up the question … Is your enterprise a Hobby, … Read more

LLC Asset Protection: How to Protect your Personal Assets as an LLC Owner

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Forming a limited liability company is an important first step to protect your personal assets from being used to pay business creditors.  However, an LLC’s liability protection is not absolute. To give yourself the maximum possible protection, you’ll need to plan an LLC asset protection strategy. Understanding an LLC’s Limited Liability Protection When you form … Read more

The top 10 Reasons to form an LLC

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To customize your small business LLCs are great for small businesses because they’re adaptable to all situations. It doesn’t matter if you have 50 investors or you are a two-person small-business operation, the LLC is so flexible that you can pretty much write the operating agreement to suit your needs. You can make your own … Read more

LLC Operating Agreement

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How to Draft an LLC Operating Agreement Creating operating agreements allows LLC owners to have more control over their businesses. An LLC operating agreement establishes guidelines for an LLC in the same way that articles of incorporation govern the operation of a corporation. Common provisions in an LLC agreement include the statement of intent, its … Read more

Writing an Operating Agreement

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HOW TO WRITE A MULTI-MEMBER AGREEMENT Writing an Operating Agreement for your Multi-Member LLC is no small feat and should not be taken lightly.  Any time a group of people decide to go into business together, it’s fun and exciting, but it’s also BUSINESS.  An Operating Agreement will get everyone on the same page for … Read more