Corporation vs S-Corporation – What are the differences?

corp_vs_s-corp_what_are_the_differences

https://youtu.be/I6vf4qYzlEg Starting your own business?  Trying to decide what type of business entity?  Confused about the differences between a corporation or an s-corporation?  It’s important to know the differences because it can have a drastic impact on your success. Check out today’s video! It lays down vital information when you are just starting out. Leave […]

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

general_partnership

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 […]