Ownership: LLC, Inc, Partnership, Sole
The Advantages and Disadvantages of Incorporating Your Small Business
An in-depth look at the advantages and disadvantages of incorporating your small business, including discussion about limited liability, double taxation, stock and shareholders, corporation paperwork and more.
How to Incorporate Your Small Business in 7 Steps
When you start a small business, you need to decide how to structure it. Each structure has pros and cons, and the best format will depend on your business, location and specific needs. If you're unsure what structure is best, review the advantages and disadvantages on the U.S. Small Business Administration website. If you have determined that a corporation is the right structure for your busine…
Business Structure Essentials
The choice you make for the structure of your business, whether a LLC or some other form, will have an impact on your business liability, fund-ability and tax implications.
The Basics of Forming a C Corporation
Creating a C Corporation is more complicated than forming a limited liability company or a sole proprietorship, but there are several tax benefits your company could enjoy.
Consider the Tax Implications of an LLC Before You Create One
To create an LLC, you’ll need to file the proper documents with the appropriate state agency and pay filing fees. But before you make a decision on a corporate structure, you should first understand the tax implications of an LLC.
Sole Proprietorship: Is It Right Business Structure?
The most basic of all business legal structures is the sole proprietorship. For new start-ups the choice of becoming sole proprietorship is the simpliest of all business forms but is it the best?
Should Your Small Business Become an S Corporation?
Is an S Corporation advantageous for your small business? Learn the pros and cons of becoming an S Corporation.
Limited Liability Company 101
As a business owner, you will be faced with many important decisions, including what business structure to use in your company formation. Learn the basics of a limited liability company (LLC). What is a LLC? Find out the pros and cons of this business structure.
Creating A Winning Business Partnership
The road to entrepreneurship can lonely. Greater rewards may result from forming a business partnership. Partnerships offer more freedom for business owners with shared business tasks and the potential to earn greater profits.
Time to Incorporate?
Should your small business become a corporation? This is a question you need to ask during the start-up and evolution of your company. Learn what you need to know about incorporating your small business.
What Is a Corporation?
The definition of a corporation and high-level summary of what it means to form a corporation.
What Are Articles of Incorporation?
Articles of incorporation defined.
Forms of Ownership in Canada (Small Business Canada)
For our Canadian visitors, Small Business Information Canada Guide Susan Ward offers an in-depth feature article on "Choosing A Form of Business Ownership".
Goals and Legal Structures
An insightful article by Jim Hopkins, USA TODAY on how your goals and your company plans should be used to decide on the ownership structure. A five step blueprint guides you through your decision.
Legal Structure Advice
Lectlaw provides an excerpted article from the SBA office on choosing a legal structure for your company. Includes in-depth explanation of each and a handy reference chart comparing the pro and cons of the types of business.