A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.
Choosing a business structure may not be the most glamorous part of starting a business. In fact, it can actually feel a little daunting. But the business structure you choose can affect how you pay ...
A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...
Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...
While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.
One is less expensive, while the other provides more legal protections. Here’s how to decide. Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is ...