What are the advantages of forming a Corporation?
There are several advantages to organizing your business as a formal corporation. A corporation is a separate legal entity that is distinct from its individual owners. Businesses that …
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What is an S Corporation?
There are several different types of corporations from which business owners can choose when they initially set up their business. One type of corporation is an S corporation. The …
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What is a C Corporation?
A C corporation is the most common type of corporation. The “C” refers to the subchapter of the Internal Revenue Code which explains the rules of taxation for this type of business …
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How to Form a Limited Liability Company
A limited liability company (LLC) offers business owners limited liability for the acts and financial debts of the business. An LLC can be a sole proprietorship or a partnership. Either way, the business owners’ personal assets such as their homes and personal savings accounts cannot be used to satisfy business debts or court verdicts against the business in most …
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Due Diligence in Business Financing
There are many times in the course of business when a business needs to seek financing in order to meet its goals. Some businesses seek financing to start their company, others seek it to expand their company, purchase new infrastructure or take their product global. Many businesses seek financing for more than one of these, and other reasons, from time to time. In order to get the …
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