Limited Liability Company vs. S Corporation The format and structure of your business will shape and mold how the company operates. Every type of business structure has advantages and disadvantages. Two very common and similar types of business structure are limited liability companies and S corporations. While the two styles may be similar, they also…
Reasons To Talk To An Attorney Before Starting Your Business There are a multitude of reasons to consider legal advice before starting your business. The name of your business and the structure of the operation has legal significance. Before starting your business, you may want to talk to an attorney and be confident that the…
Buying or Selling a Small Business The sale or the purchase of a small business will typically be an asset purchase or a stock purchase. To make an asset purchase, the buyer will purchase all or some of the business owners’ assets. Buyers favor this type of transaction because it will give the buyer inventory…
Benefits and Drawbacks of Different Types of Business Entities Before starting a business, you will need to determine which category of business entity you will require. The business structure will rely on many different factors. The goal of the business, the workforce you will have, and other factors. Each type of business entity has pros…
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