This guide will help you understand what business structures are available, what they each mean, and which may be the best for your business. One of the first decisions a small business owner will ...

If you want to start your own business, you should consider a sole proprietorship. It’s easier to start than other types of businesses and you have complete control. Plus, there isn’t a lot of ...

When it comes to starting a business, a partnership is a specific type of entity that includes certain rules and guidelines. Though the interpersonal aspect may be complicated, partnerships are simple ...

When you think of corporations, most people immediately think of a large business with an international presence. Most of these businesses are indeed corporations, but almost anybody can start a ...

While nonprofit organizations are not the same as a business, there are similarities in the startup process. It is important for anyone looking to start a nonprofit to ensure that they meet all ...

No matter what kind of business you run, having an operating agreement is important. An operating agreement gives you a chance to explain how your LLC will function. This legal document isn’t required ...

For the majority of business owners, an LLC is the ideal business structure. They are easier to form, have fewer reporting requirements, and have tax benefits similar to an S corporation. Any company ...

When starting a business, there is plenty of paperwork, especially if you plan on incorporating a company or starting an LLC. Although some business structures like sole proprietorships and ...

Small businesses play a vital role in the economic landscape, contributing to innovation, job creation, and overall economic growth in America. Defined as independently owned and operated enterprises ...