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.
If you own your own business but want to get more protection from liability issues or improve your tax benefits, a popular option is the single-member limited liability company. This removes your ...
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.
Denice Sakakeeny is the founder and principal consultant of Denice Sakakeeny & Associates, a Boston-based boutique finance and operational consulting practice focused on anticipating and solving the ...
Whether you are struggling with your current company structure that does not separate assets and liabilities between your different lines of business, or have multiple companies to do this for you, ...
A limited liability company is a business structure providing certain protections to its members. Unlike a sole proprietorship, in which an owner has personal responsibility for company debts, in an ...
Business entity type and tax structure impact your organization’s finance and compliance requirements. Two popular choices are limited liability companies (LLCs) and S-corps. Although the arrangements ...
When starting a business, one of the first big decisions you’ll face is choosing the right business entity. Should you go solo as a sole proprietor or form a Limited Liability Company (LLC)? Each ...