Forming an LLC is an important step in protecting your farm or food business—but it’s only the beginning. To truly gain the benefits of limited liability, you need to operate like an LLC in practice. That means keeping finances separate, maintaining records, and following the right business practices. Learn the key differences between having an LLC and running one—and how to make sure your business is protected.
Q&A with KCARD: Managing Cash Flow During a Crisis
Question: How do I manage cash flow when I’m concerned about the effect of reduced travel/walk-in traffic on my business?
Answer: The next two weeks and the next two months are going to be critical for many small businesses as we all figure out what the eventual impact will be. Click to read about a few rules of thumb for businesses.