Prospective Pennsylvania business owners with forward-looking vision and principals of already established commercial entities are obviously smart and proactive people. Put another way: The business realm is not for the unprepared or faint of heart. Forging ahead with...
How to choose a business structure
On Behalf of Bellwoar Kelly, LLP | Sep 21, 2020 | Business Law
If you are planning to start a company in Pennsylvania or any other state, it is important to know how the company will be structured. Your options include operating as a sole proprietor, forming a partnership or forming a corporation. It may also be possible to use...
4 reasons to have a business succession plan
On Behalf of Bellwoar Kelly, LLP | Aug 14, 2020 | Business Law
Business owners take great pride in their business – and for good reason. You spent years of hard work, time and money to create and build your company. Owning a business can be both challenging and rewarding, and you should do what you can to protect your company....
What should new business owners know about contracts?
On Behalf of Bellwoar Kelly, LLP | Jul 10, 2020 | Business Law
As you create and run your business, you will need to make deals with many different parties. You and your partners will agree on your roles and responsibilities. Vendors and suppliers will need to know how much of a product or service you need and how much you will...
Choosing the right business structure
On Behalf of Bellwoar Kelly, LLP | Jun 25, 2020 | Business Law
From the beginning, your business has specific goals. However, the way that the government taxes your business, your responsibility for any debts your business acquires and your ability to find investors can depend on the legal entity you choose when forming your...