News
Here's How Small Business Owners Can Collaborate for Successful Partnerships
You're opening your second location, expanding your services, or facing a hiring crunch. It’s a high-stakes transition — and it’s the perfect moment to consider partnering with another business. Done right, strategic collaboration can create leverage, increase visibility, and share operational burdens. This guide walks you through key steps, structures, and support systems to form partnerships that last. Why Partnerships Work: From Co-Marketing to Shared Operations Collaborations between small
Lewisville, TX Businesses: Clearing the Confusion Surrounding the CTA, BOI and FinCEN
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines