Published Mar. 17, 2013
Ask SCORE
After working for more than 25 years in the publishing industry, the company I worked
for downsized and I accepted an attractive buyout package. Now I’d like to start my own
business. What do I do first?
About the Author
This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly
70 current and former business executives available to provide free, confidential, one-on-one
business mentoring and training workshops for area businesses. Call 603-666-7561 or visit
merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer
opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S.
Small Business Administration.
Published Mar. 5, 2013
Choosing Among Sole Proprietorships, Single-Shareholder Corporations And Single-Member LLCs For New Businesses
Choosing Among Sole Proprietorships, Single-Shareholder Corporations And Single-Member LLCs For New Businesses
Q: I’m starting a new business in New Hampshire. I will be its only owner. Should my business be a sole proprietorship, a single-shareholder corporation or a single-member LLC?
About the Author
John Cunningham is a N.H. business lawyer whose practice is focused on LLC law and tax. He chaired the N.H. Business and Industry Association committee that drafted the Revised New Hampshire Limited Liability Company Act, a radical revision of New Hampshire LLC law that went into effect on January 1st. LLCs are, by a wide margin, the entities of choice for N.H. business start-ups.
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CPA with 40 years of experience in the Hospitality and Restaurant industry which includes 16 years of experience as a CFO for Hotel Management Companies. Expereinced in all phases of development, start-up and operations of hotels, restaurants, and resorts. Special expertise in accounting and technology for the hospitality industry.
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Resume
Education
BA Degree Cornell College, Mt. Vernon, IA
MBA Drury College, Springfield, MO
Certified Public Accountant, Illinois
CHAE (Certified Hospitality Accounting Executive)
CHTP (Certified Hospitality Technology Professional)
Published Feb. 8, 2013
Q: What are limited liability companies (“LLCs”), and what should businesses know
about them?
A: LLCs are a new type of business entity that emerged in the early 1990s. They have many important legal and tax characteristics, but the key ones are these:
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Liability shield. LLCs provide their owners (called “members”) with a statutory liability shield that is essentially identical to the corporate shield.
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About the Author
John Cunningham is a N.H. business lawyer whose practice is focused on LLC law and tax. He chaired the N.H. Business and Industry Association committee that drafted the Revised New Hampshire Limited Liability Company Act, a radical revision of New Hampshire LLC law that went into effect on January 1st. LLCs are, by a wide margin, the entities of choice for N.H. business start-ups.
Published Feb. 7, 2013
Ask SCORE
I’ve recently taken my business plan for a new and innovative consumer product to several banks seeking funding, but have had no success. What are some other financing options that might be available to me?
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Current
City: Cambridge, MD
Hotel,hospitality, business travel and tourism development 42 years
Business development consulting 4 years
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Resume
Ask SCORE
My partner and I have been running our laser engraving business ourselves for the past two years. We’ve reached the point now where we’re both completely maxed out, so we’re considering hiring at least one employee. Where do we start Read more.....
Ask SCORE
Over the past 15 years, nearly two-thirds of new jobs have been generated by small businesses. Yours may be one of them. That’s good news for your local economy, for your customers whose expectations for quality service are higher than ever, and for you, as you can focus your energies on other priorities.
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Over 50 years experience in the Resort,hospitality and restaurant businesses. Held General Manager and CEO positions in the Pocono Mountains of Pa in the resort industry. Knowledgable in all phases of Food and Beverage, purchasing and general resort operation
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Resume
Education
Graduate of Temple Universay with a business degree
Published Aug. 11, 2012
A Quick Reference Guide for Start-up and Existing Small Businesses in Austin and San Antonio
Published Aug. 10, 2012
Following a number of years in the insurance industry, five years ago I left my job to have a child and be a stay-at-home mom. Now that my son is beginning school, rather than returning to work, I’m thinking about starting a business. What advice can you offer? Read more...
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