Category: Corporations

Forming a Nonprofit Corporation

Forming a Nonprofit Corporation will not only make you more accessible to potential donors. It will can your organization credibility and help you protect your personal assets, too. Unlike a for-profit Corporation, a Nonprofit Corporation is not designed to make a profit for shareholders. Instead, it is established for a specific noncommercial purpose, such as […]

LLC vs. S Corporation

S-Corporation vs LLC: Which Is Best for Your Business?   For many business owners, selecting the right entity comes down to a choice between the Limited Liability Company (LLC) and the S-Corporation. These are the two most common forms of small business incorporation, with S-Corporations, or S-Corps, being the most popular business entity in America. […]

S corporations offer multiple advantages to entrepreneurs

Forming an S corporation offers a number of advantages for independent salespeople, real estate agents and others, according to certified public accountant and Christian Post blogger John Dillard. The first advantage to S corporations, according to Dillard, is that business incorporation gives the company instant legitimacy. He says if a business is not incorporated, many state or […]

Start a corporation and save the national economy?

Forming a company can help entrepreneurs get their enterprises off of the ground, but can it also help the economy? The Small Business Administration reports that entrepreneurs lead the way in driving economic recovery, with small businesses creating 64 percent of net new jobs over the past 15 years. A recent study from the Kauffman Foundationsuggests […]

Why an S Corporation might secure success for your small business

For entrepreneurs ready to start a corporation, navigating different benefits of different business types can be tricky. Luckily, the Wall Street Journal recently discussed why some businesspeople find S corporations are best. S corporations provide liability protection while still allowing business profits to pass through the shareholders’ personal tax returns. This means businesspeople are protected from the […]