Month: May 2022

Starting a business can be an endeavor that is fraught with risk and uncertainty. Choosing a limited liability company (LLC) is an effective, low-cost way to eliminate these risks. An LLC has many advantages, including limiting liability for members and managers and...

When an entrepreneur is considering setting up a new business and is deciding which business form to select, they may wonder about the different corporate business forms. Understanding the differences between a C corporation and an S corporation can help them better...

All lasting businesses go through partnership changes over time, whether due to retirement, death, divorce, bankruptcy or to pursue new challenges. Business partners can plan for this eventuality by drafting buy-sell agreements, also called business prenups or buyout...