50+ Entrepreneurs

Due Diligence Checklist

Due Diligence Checklist

Article and tips on marketing

Article and tips on marketing

How to set up a non profit

How to set up a non profit

Screening test for startup

Screening test for startup

How to look at costs

How to look at costs

A comprehensive source of information resources compiled under 3 main categories of Planning Tools, Sources of Data, and General Sources.  Each of these 3 categories is broken down into subcategories and detail lists under the navy blue headings.  While Northern Illinois SCORE has made every effort to insure the accuracy of this list, we can not be responsible for changes in the URLs or the content on these references.

A comprehensive source of information resources compiled under 3 main categories of Planning Tools, Sources of Data, and General Sources.  Each of these 3 categories is broken down into subcategories and detail lists under the navy blue headings.  While Northern Illinois SCORE has made every effort to insure the accuracy of this list, we can not be responsible for changes in the URLs or the content on these references.

Planning and analysis templates in Excel, PDF, or Word format to help you analyze specific areas of your business start-up or growth venture.

Planning and analysis templates in Excel, PDF, or Word format to help you analyze specific areas of your business start-up or growth venture.

The selection of a business entity (form) will affect your exposure to personal liability, how you draw profits and pay taxes, your ability to raise capital, how you run your business, and how difficult it is for business reporting.

Generally, all businesses fall into one of these broad categories: Sole Proprietorship, Partnership, Limited Liability Corporation, or Corporation.

A sole proprietorship is an unincorporated business owned by one individual. A partnership is a legal entity existing between two or more persons who join to carry on a trade or business.

If financial problems have overwhelmed your finances, Bankruptcy may be an option.  Read some of the basics here.

http:// http://www.nhbar.org/for-the-public/bankruptypamphlet.asp

IRS Tax Center:  Employee vs Independent Contractor

It is important you understand the rules for an employee versus who may be an Independent Contractor.  The IRS defines it on this site.

http://www.irs.gov/businesses/small/article/0,,id=99921,00.html

IRS Tax Center:  Frequent Questions

This page has a lot of the key questions we hear.  Check it out.

http://www.irs.gov/businesses/small/index.html

IRS Tax Center:  Forms & Publications

You no longer need to visit the IRS to find the forms you need!

http://www.irs.gov/formspubs/index.html

IRS Tax Center:  Key Business Taxes

Here are the main types of taxes you need to think about.   Some depend on what business structure you choose.

http://www.irs.gov/businesses/small/article/0,,id=98966,00.html

IRS Tax Center:  Starting a Business

Taxes are an important part of your new business.  The IRS works hard to help.  If you do the right things, you'll save money and hassles.

http://www.irs.gov/businesses/small/article/0,,id=110417,00.html

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