When you start a business, one of the first decisions is to decide what form is your business going to take. Will it be a corporation, an LLC, or will you operate as a sole proprietorship? The answer ...
Limited liability companies (LLCs) and S corporations are all the rage nowadays, and with good reason. Most of the time, starting a traditional C-corp doesn’t make sense for the modern business owner.
Forming a C corporation was once the only way the owner of a small business could shield himself from the debts and liabilities of the company. Other forms of ownership, such as limited liability ...
Entity selection is a big decision new small business owners must make, and the decision to incorporate comes with tax ramifications. Deciding the difference between a C Corp and an S Corp should ...
Lauren (Hansen) Holznienkemper is a lead editor for the small business vertical at Forbes Advisor, specializing in HR, payroll and recruiting solutions for small businesses. Using research and writing ...
Opinions expressed by Entrepreneur contributors are their own. This article is excerpted from Business Structures, by Michael Spadaccini. The most common forms of business enterprises in use in the ...
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