Why Is a Corporation Better Than a Sole Proprietorship?

As an entrepreneur, you've likely heard of incorporation and sole proprietorship before. But if you're unsure what they actually mean and which one is

What Are the Principle Differences Between Corporation and Incorporation?

If you’re ready to form a legal business entity and you're thinking that an S Corp or C Corp is the way to go, it’s vital to understand what’s meant by

LLC and Corporations Ongoing Compliance Requirements [Updated for 2021]

Running your LLC or corporation comes with certain legal and financial commitments. Meeting these ongoing compliance requirements keeps your business in

Single-Member LLCs vs. Sole Proprietorships for Your Consulting Business

When you first start your consulting business, it will be an exciting time with a lot of decisions to make. One of the important decisions is what kind of

Cheat Sheet to Business Structures [INFOGRAPHIC]

They say that cheaters never prosper, but we say, when someone hands you a cheat sheet to business formation — take it!

How Long Will It Take to Form My Company?

One of the biggest questions prospective business owners have is this: "How long will it take to start my business?" The answer isn't always

If My LLC Closes, What Happens to My 401(k)?

If you’re a business owner who is deciding to close your business and stop business operations for your LLC, you might wonder what happens to your

5 Costly Mistake to Avoid While Choosing an Entity for Your Small Business

You’ve got to spend money to make money. While the old adage may be true (to an extent), what you most want to avoid when starting your business is

Real Estate Investing for Dummies: Use LLCs for Each Property

Have you been watching all of those home-flipping television shows and want to give it a shot? Are you dreaming about starting a real estate investing

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