Littleton Startup Attorneys & Lawyers

Form a Nevada LLC: Everything You Need to Know

To form an LLC in Nevada, you must first choose an appropriate name for your business. Your name must have the words "Limited-Liability Company," "Limited Company," "Limited Liability Company" or "Limited". You could also use an abbreviation instead, such as "Ltd.," "L.L.C.," "LLC," or "LC". Company can also be abbreviated as Co.

Make Sure Your Name is Available

The name of your LLC must be different from any other business in the State of Nevada. To find out if your name is available for use, check with the Nevada Secretary of State Online Database. Once you find a name you can use, you can file the Name Reservation Request F

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What Is Startup Capital?

Startup capital is the money needed to start a new business. Startup capital might be needed to pay for office space, permits, licenses, inventory, product development, manufacturing, marketing, or any other expense that results from starting a new business.

Alternate Terms

Seed capital, startup funds, working capital, or seed money.

Types of Startup Capital

For each stage of its life, a company has different financial needs. Each level of funding plays a unique role in that stage of your business.

• Seed capital is used for initial research and planning before starting the business.

• Startup capital pays for rent

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Starting a new business? Before you start your first big marketing campaign, you will need to check that your business name isn’t being used by someone else. Otherwise, you may face trademark infringements. Make sure to read our guide on how to check if a business name is taken. 

Why Should I Check If My Business Name Is Taken?

When you first decide on a business name, you might be first thinking, is my business name taken? You would be right to want to first verify this information. Checking that your business name is not taken is not only importa

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What is a Portfolio Company?

A portfolio company is a term used to describe a company in which investors own equity in a company or buy out a company. The goal of the investor is to increase the value of the portfolio company and earn a return on their initial investment.

The investment could be in the form of private equity in established companies or venture capital in companies just starting out. One portfolio company usually forms part of a group of companies in the investor's full portfolio.

Who Invests in Portfolio Companies?

Portfolio companies are used by venture capital firms, private equity firms, and other financial investment firms. Some firms build a portfolio of companies that specialize in a specific sector, such as science or engineering. Others have a diverse mix of portfolios.

Private Equity Firms: Private equity is a type of financ

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A nonprofit organization is an entity formed to meet a specific tax-exempt purpose aimed at benefiting the public, a specific group of individuals or the membership of the nonprofit. Nonprofit organizations are prohibited from generating revenue, but instead excess revenues are put back into the operation of the organization – they are not disseminated to owners or investors.

Many of the most familiar nonprofit organizations are 501(c)(3) charitable organizations.

Mission and Tax-Exempt Status

Nonprofits are normally organized around social causes or to serve the public good in ways that government agencies cannot. The mission statements of nonprofits are often tied to specific goals in areas like public welfare, public safety, religion, science, education, art, environmental protection or aid for the less fortunate. A nonprofit may also be created to further non-charitable pursuits

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