Why Every Independent Contractor Needs an Agreement
In last week's Freedom Friday blog, I discussed how to determine the difference between hiring an employee and an independent contractor. If you have made the decision to hire an independent contractor, congratulations! That's just the first step in the process. Every independent contractor needs an agreement, especially if the independent contractor...
Why Every Independent Contractor Needs an Agreement Continue reading…Employee or Independent Contractor?
If you're a small business owner, when you first start out, it's going to just be you. However, after you have a period of sustained growth, it may be time to hire some help. Whether you need someone part-time or full-time, and how much you would pay a new hire are business...
Employee or Independent Contractor? Continue reading…What About Nonprofits?
Since Liberty Legal Solutions, LLC, opened for business in June 2019, we've kept track of the different kinds of inquiries we've received for different types of legal work. Interestingly enough, the number one inquiry we've received is, “What about nonprofits? Can you help me form one?” The answer to that question is...
What About Nonprofits? Continue reading…What Does Member-Managed vs. Manager-Managed Mean?
An important issue in forming a limited liability company (LLC) is should your LLC be member-managed or manager-managed. So, what does member-managed vs. manager-managed mean? First of all, the owners of an LLC are called “members.” In the “Freedom Friday” blog, you will often see the term “single-member LLC.” ...
What Does Member-Managed vs. Manager-Managed Mean? Continue reading…What is a Buy-Sell Agreement?
If you're starting a small business, and you have more than one business owner, you need to have a buy-sell (or buyout) agreement as part of your operating agreement if you're an LLC, or a part of your bylaws if you're a corporation. Also, if you have an existing business, you should...
What is a Buy-Sell Agreement? Continue reading…What is a Registered Service Agent?
If you're starting a small business in Oklahoma, whether you're forming a limited liability company (LLC), a corporation, or even a non-profit entity, Oklahoma state law requires you to list a registered service agent with the Oklahoma Secretary of State. This is an important part of the business formation process. So,...
What is a Registered Service Agent? Continue reading…Thoughts on LegalZoom and DIY Legal Resources
I've mentioned in some of my prior blog posts about DIY legal resources, such as LegalZoom, which is the most popular, and how you can use these resources to draft documents like an Operating Agreement for your LLC. I've also mentioned that it's always best to consult with an attorney to save...
Thoughts on LegalZoom and DIY Legal Resources Continue reading…Why Every LLC Needs an Operating Agreement
Why Every LLC Needs an Operating Agreement In my blog post last week, Five Steps to Forming an LLC in Oklahoma, I mentioned that every LLC needs an Operating Agreement. It is essential to success of your small business that your LLC has an Operating Agreement. Oklahoma law does...
Why Every LLC Needs an Operating Agreement Continue reading…Five Steps to Forming an LLC in Oklahoma
For a small business owner, selecting a limited liability company (LLC) for a business entity is probably the easiest approach. There are many online resources available for this process, beginning with the Oklahoma Secretary of State's website (more on that below). However, even though forming an LLC in Oklahoma is relatively easy,...
Five Steps to Forming an LLC in Oklahoma Continue reading…Choosing Your Business Entity
One of the most important decisions a small business owner makes when he or she is starting a business is which business entity that the business will be. This one decision is critical to starting your business on the right foot. There are four basic categories of business entities which a small...
Choosing Your Business Entity Continue reading…Introduction
Welcome to the first Freedom Friday blog for Liberty Legal Solutions, LLC. Recently our country, America, celebrated Independence Day, and freedom from the tyranny of Great Britain. Our Founding Fathers founded this nation on the values of limited government, individual liberty, and personal moral responsibility. These are the values that foster economic...
Introduction Continue reading…