There are multiple business structures, each has its own set of advantages and disadvantages. When choosing between a sole proprietorship, partnership, limited liability company, S-Corp, C-Corp, or B-Corp, you should consider factors such as personal liability, taxes, management structure, and compliance requirements. Here are some factors to consider when making your decision: When deciding on […]
Tag: llc
A Limited Liability Company (LLC) is a formal business structure that protects the owners of the company from personal responsibility for its debts or liabilities. They are seen as a hybrid between characteristics of a corporation, partnership or sole proprietorship. An LLC structure is popular because they are usually easier and less expensive to operate. […]