Learn more about the different ways to incorporate a business.
A limited liability partnership is a unique option for professionals in certain states, but the protection that it offers to the partners varies from state to state.
A limited liability company is valuable for the protections and simplicity it offers its owners. It is a flexible form of ownership that can also be useful for tax planning.
A nonprofit corporation allows for all the formalities and protections of a corporation, minus the profit motive and tax issues.
A special hybrid type of entity, the S corporation elects to have a different tax treatment than its traditional C corporation cousins.
The corporate form of ownership can be more complicated to start and can require more tax compliance responsibilities, but all shareholders are protected from liability. In addition, there are tax planning options and strategies available to a corporation that may not be available with other organizational forms.
There are basically two types of partnerships--general partnerships and limited partnerships. General partnerships are a risky way to operate the business because of personal liability concerns. A limited partner can avoid the personal liability, but loses the ability to participate in day-to-day decision-making
A sole proprietorship is the easiest and least expensive way to begin operating a business is as a sole proprietorship. However, this organization form does not protect your personal assets from the claim of business creditors and offers limited tax planning options.
Whether you've purchased an existing business or started one from scratch, you must decide which form of organization (sometimes referred to as 'business entity') is best for your company.
An overview of the two simplest forms of business organization: sole proprietorships and partnerships, as well as the advantages and disadvantages of making one of these selections for your business.
LLCs are one of the most popular forms of business because the LLC combines the state law protections of a corporation with the tax simplicity of a partnership or a sole proprietorship.
Are you considering starting a business after 50? Here are some growing industries (and regulatory matters to consider) before diving into modern entrepreneurship.
Food truck businesses are the fastest growing segment of the food industry. Check out these 4 tips on how to enter this new business opportunity and succeed.
Adopting an LLC Operating Agreement, rather than relying on state's default provisions, ensures that the business operates the way the members want and protect their interests should the state's default law provisions change.
To discover the entrepreneurial opportunity perfectly suited for you, you must identify current trends and match them to your personal/business experience.
'How to Get Out of a Non-Compete Agreement' describes some of the ways a person can break or void a non-compete agreement with a former employer when starting a new business, if you're planning on entering the same line of work.
'Is Franchising Right for You?' is a personal account of franchise ownership from one of the nation's most successful franchisees, including a discussion of what to expect and what it takes to be a franchisee.
'Drawing a Bead on Success' relates the story and the lessons learned by one would-be entrepreneur when he recognized a business opportunity, started a new company, adjusted to the growing pains and eventually made the operation a success.
'How to Choose a Franchise' covers the types of research that should be done and the kinds of questions that should be answered when investigating a franchising opportunity.
Corporations and limited liability companies (LLCs) are legal entities governed by state law. You form these entities by filing articles of organization that met the state's requirements and by paying fees to the appropriate state agencies. These documents describe the entity, identify its owners and provide for a registered agent.
Establishing your company's image and reputation on the world wide web begins with a crucial first step--picking the right URL.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.