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So far David has created 22 blog entries.
28 09, 2018

Limited Liability Company (LLC)

2018-09-28T16:37:27+00:00September 28th, 2018|Categories: BUSINESS STRUCTURE|Tags: , |

This is a business structure which became available January 1, 1993. It can function like a partnership, or sole proprietorship, where partners/sole proprietors are not liable for its debts and […]

28 09, 2018

“S” Corporation

2018-09-28T16:26:00+00:00September 28th, 2018|Categories: BUSINESS STRUCTURE|Tags: |

The major difference between a regular “C” corporation and an “S” corporation is that the “C” corporation pays taxes on its income and an “S” corporation […]

28 09, 2018

Limited Partnership

2018-12-17T20:50:28+00:00September 28th, 2018|Categories: BUSINESS STRUCTURE|Tags: , |

In the limited partnership form, a general partner or partners run the business and are fully liable for partnership obligations.

Limited partners do not participate […]

28 09, 2018

“C” Corporation

2018-12-17T20:51:41+00:00September 28th, 2018|Categories: BUSINESS STRUCTURE|Tags: |

The Regular, or “C” Corporation is the most complex of the business structures. It is a distinct legal entity apart from the shareholders who […]

28 09, 2018

Partnership

2018-12-17T20:53:29+00:00September 28th, 2018|Categories: BUSINESS STRUCTURE|Tags: , |

A recent study concluded that a new partnership is four times as likely to succeed as a new sole proprietorship. A local business law professor defines a partnership […]