When an entrepreneur is ready to start a business, he or she must decide what kind of business to set up. The type of business selected can impact everything from day-to-day operations to tax treatment. The decision is an important one, and often, one of the first big choices faced by new business owners. There… Continue reading LLC vs. Sole Proprietorship – What is the difference?
Entrepreneurs who are interested in starting a business must first decide what type of business entity the company will be. One of the options is a limited liability company (LLC). Often mentioned alongside an LLC is an S Corp (or S Subchapter), but an S Corp isn’t a business entity it’s a tax status. It… Continue reading LLC vs S Corp – What is the difference?
Starting a business is filled with tough decisions, one of which is choosing the best business structure. Before selling a product or collecting a dollar, a business owner must decide what type of business he or she wants to set up. The decision will impact important things like how the company is run and how… Continue reading LLC vs. Corporation – What is the difference?