Learn what to take into consideration when deciding among corporations, LLCs, sole proprietorships, partnerships and other structures.
Peter Sander and J. Jeffrey Lambert
LLC or S corporation? We'll help you figure out the differences.
This type of corporation can be great for small businesses because it eliminates the double taxation of standard corporations.
This hybrid entity brings together some of the best features of partnerships and corporations, and is a great choice for entrepreneurs who want to move beyond the sole proprietorship.
Chances are, you're already running a sole proprietorship. Now, educate yourself on the pros and cons, the tax implications, and the legal liabilities to determine if you want to remain a sole proprietorship.
Is incorporation right for you? Find out with this comprehensive article on the ins and outs of forming a corporation.
Then you may want to hire an incorporation service. Find out what to look for here.
Mie- Yun Lee
The pros and cons of each business form
Sole proprietorship, corporation, LLC: Try them on for size to find out which legal structure will best suit your business.