When you decide to set up a new business as a limited liability company, you benefit from a legal structure that gives you and your partners, known as members, great flexibility in running the company ...
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.
If you own your own business but want to get more protection from liability issues or improve your tax benefits, a popular option is the single-member limited liability company. This removes your ...
Depending on how the company is established and how many employees/investors there will be, a small business startup often creates an LLC because this helps it avoid double taxation and can still ...
Whether you are struggling with your current company structure that does not separate assets and liabilities between your different lines of business, or have multiple companies to do this for you, ...
The LLC has become a very popular choice for small businesses. In some ways, it offers the best of both worlds: the limited liability protection of a corporate structure, but with fewer administrative ...
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.