Operating a business as a limited liability company, or “LLC” is very popular among small business owners. LLC’s have been around for several decades and can be formed in every state. There can be several benefits, but several major drawbacks. The Benefits of an LLC: Less Administrative Burden: If you operate as a single-member LLC, […]
LLC
Business Structure Issues – Key Differences Between an LLC, S-Corp, C-Corp and Sole Proprietor
Business owners have several choices of how they can operate a business. The decision should be well thought out and be able to meet their objectives. Here are some of the pros and cons of each structure: Sole Proprietor: The easiest form of operating your business is as a sole proprietor. A sole proprietor has […]
Thinking of Starting a New Business?
Starting a new business can be an exciting endeavor. You get to be your own boss, create your own hours, and possibly achieve a greater sense of satisfaction. But what should you do to make sure your business is successful? Proper planning goes a long way, and a business plan is an excellent starting point. […]
What is the Difference Between an LLC, S-Corp, C-Corp, and Sole Proprietor?
Business owners have several choices of how they can operate their business. The decision should be well thought out and be able to meet your objectives. Here are some of the pros and cons of each structure: The easiest form of operating your business is as a sole proprietor. A sole proprietor has a lighter […]