In keeping with the theme of previous articles, the next legal entity I will focus on is a general partnership. Similar to sole proprietorships, general partnerships are simple in structure and operation. An obvious differentiating factor, though, is … [Read more...] about Selecting the Right Entity: General Partnerships
Selecting the Right Entity: Sole Proprietorships
In a previous article, the various types of business entities were broadly discussed. This is the first article focusing on a single, specific type of entity, and this one is perhaps the simplest to structure and operate. Simplicity, though, should not be … [Read more...] about Selecting the Right Entity: Sole Proprietorships
Selecting the Right Entity Type for your Business: An Overview
Setting up a business is always a stressful process. To add to such stresses, there are numerous legal entities to choose from. You can be a sole proprietorship, a general partnership, a limited partnership, a limited liability partnership, a limited … [Read more...] about Selecting the Right Entity Type for your Business: An Overview