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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Structuring Your Nonprofit: The Differences Between Incorporation and LLC
Founders of small nonprofits are increasingly turning to LLC business structures rather than incorporating. Here's why it makes sense—and how to do it.
· 4 min read
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Starting Up: Which State Is a Good Fit to Form Your LLC?
Different states offer different incentives for LLCs filing in those states. For some startups, it might be useful to shop around before filing.
· 3 min read
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Should You Convert Your LLC to a Corporation?
If your business goals are incompatible with the structure of an LLC, it might be time to consider converting into a corporation—but it's important to first weigh the implications of this new business structure on your operations and tax liability.
· 3 min read
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Running an LLC from Home
Thinking about running your LLC from home? There are advantages and disadvantages to bringing the office home with you.
· 6 min read
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Piercing the Corporate Veil: Understanding the Limits of LLC Protection
An LLC protects your personal finances from the business' creditors, but that protection can disappear if you don't follow certain rules. Find out how and when the corporate veil can be pierced and what it could mean for you.
· 3 min read
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NIL: Setting Up an LLC and 501(c)(3) for Student-Athletes
College athletes can now profit from their name, image, and likeness. Here's how lacrosse champ Charlotte North has capitalized on the policy by creating LLCs and filing for trademarks for her brand.
· 5 min read
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LLC or LP: What's Best for Your Business?
Understanding the relative benefits and limitations of an LLC and an LP is important when determining which type of entity would be best suited for your company.
· 4 min read
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Is It Time to Convert Your Sole Proprietorship to a Corporation or LLC?
One of the biggest issues a small business owner must face is whether to incorporate and if so, when.
· 3 min read
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How to Set Up Divisions in an LLC
While adding a division to your LLC is an easy way to expand your lines of business, the risks associated with setting up divisions may outweigh the advantages.
· 5 min read
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How to Operate an LLC Under a Personal Name
Sometimes it makes sense to name your LLC after yourself if you want to grow your personal brand, but in some cases using your personal name can limit your business' growth or even confuse customers.
· 4 min read