A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Determining what business structure is right for you is the most crucial step before starting a business. If you’re a first-time or seasoned business owner ready to start a new venture, weighing your ...

When you start a new business, one of the first questions that comes up is your business structure. Two of the most common types of business structures are LLCs and corporations. While many small ...

What Is an LLC? LLCs, or limited liability companies, are business entities available in the United States that incorporate some of the best features of corporations and partnerships. Its legal ...

When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...

With a sole proprietorship, you and your business are the same legal entity. This means that you are personally on the hook for the debts and liabilities of your business. Personal assets-;such as ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

A holding company is a legal business entity (usually a limited liability company or C Corporation) that owns or has a controlling interest in one or more companies (called “subsidiaries”). Other ...

Changing the legal structure of a business is a pivotal moment in an entrepreneur’s journey, requiring both careful planning and a deep understanding of the potential legal, financial and operational ...

Member-managed LLCs and manager-managed LLCs differ based on whether the owners make day-to-day business decisions. Many, or all, of the products featured on this page are from our advertising ...