Corporation vs S-Corporation – What are the differences?
This video delves into the differences between a Corporation and an S-Corporation, providing a comprehensive understanding of these distinct business structures. Join us as we compare and contrast the features of Corporations and S-Corporations, highlighting their advantages, disadvantages, and legal implications. Discover the unique characteristics of Corporations. We’ll discuss their centralized management structure, separate legal […]
What Is The Difference Between an LLC and an LLP?
If you are starting a new business, the business entity you set up will affect the extent of personal liability, how the business is taxed, its management, the level of formality required, and many other factors. There are a lot of options, which can make this decision overwhelming. Limited liability companies (LLCs) and limited liability […]
A Partnership Made in Heaven
You have decided to start a business, but you do not want to do it alone. A friend of yours has the capital and experience that you need. It is a partnership made in heaven. You begin doing business as a partnership. One of you handles the books and the other the operations. It seems […]
