Business Formation
There's more than one way to set up a business officially. Learn the differences between business types so you can pick the one that's right for you.
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How to Find and Finance Franchise Opportunities
Buying a franchise is a great option to get up and running quickly—but it isn’t the only alternative to starting a business from scratch.
· 10 min read
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How to Dissolve a Business Partnership in 8 Steps
Open communication and a clear understanding of federal and state rules can help you achieve a smooth dissolution. Here’s what else to know.
· 11 min read
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How to Transfer Property from a Person to an LLC
Transferring property from a person to an LLC may offer liability protections. Learn what's involved and what the tax consequences are.
· 12 min read
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Applying for 501(c)(3) Tax-Exempt Status
Your nonprofit can gain tax exemption, credibility, and greater public support by receiving IRS 501(c)(3) status. Learn who's eligible, what documentation you need, and how to apply.
· 10 min read
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How to Form a Delaware Partnership
Forming a Delaware partnership lets you take advantage of the benefits the state offers to businesses. You may pay fewer taxes and can take advantage of laws that keep business owners’ interests in mind.
· 9 min read
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Is It Better to Have an LLC or DBA?
Your choice will likely come down to cost and the level of liability protection you need. Find out if a DBA or LLC is right for you.
· 4 min read
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How to Get an EIN for a Trust
Most trusts can use the grantor’s SSN while they’re alive, but this isn’t always the case. Here’s when a trust needs an EIN and how to apply for one.
· 5 min read
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Illinois LLC Operating Agreement: Why and How to Get One
As you start your Illinois LLC, one of the first steps is to create an operating agreement that outlines how your business will run and make decisions.
· 7 min read
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Differences Between Sole Proprietorship, Partnership, and Corporation
What’s better between a sole proprietorship vs. partnership vs. corporation? Consider how they are set up, the tax burden, and legal protections offered.
· 10 min read
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How Hispanic Entrepreneurs Get Their Business Ideas Off the Ground
Starting a new business is never easy. Here, experts share tips on how Hispanic small business owners are turning their business ideas into reality.
· 3 min read
