跳至主要内容

How to Determine the Legal Form of Your Business

Choosing a business structure is typically the first thing potential business owners think about. This step is essential, as it affects how a business is named, how and when it files taxes, and what its legal responsibilities are. Determining the best legal form for your business is fairly straightforward.

A limited liability partnership, or LLP, should be established by businesses with two or more owners who want the similar limited liability benefits of having an LLC while retaining the efficiencies and flexibility of a partnership.

Establish a limited liability corporation, or LLC, if you want your business to be a separate entity from your personal legal identity. Your personal assets (house, car, belongings, etc.) will not be at risk should something happen to your business.

Corporations, either "S" or "C" type, should be formed by businesses that want to sell stock and have shareholders. Corporations tend to have higher taxes to pay than other business structures, and they go through a lengthier process to become official, as opposed to LLCs, LLPs, partnerships, and sole proprietorships.

Make your business a sole proprietorship if you want a low-cost option, do not mind if your business identity is not separate from your personal legal identity, and are just starting out. This is the riskiest option, however, since if your business goes bankrupt or is sued, you will be legally and financially responsible--your personal assets are at stake. You can change a sole proprietorship into a different structure later.

A joint venture should be established if two or more people are going into business, but for a limited time only. This is only an option for those doing business for a specific project, as they will need to file for a general partnership or LLP if the work is ongoing.

Establish a general partnership if your business will have two or more partners, you will be starting a retail or service business, and you want a choice as to whether or not all shares and responsibilities will be divided equally. General partners can form an agreement to split shares as they wish, and only have to divide them equally if their agreement does not specify otherwise.

Difficulty: Moderate

评论

此博客中的热门博文

How to Design a Store Front Sign

In this Article we will talk about designing a store front for a business. What color or size should your Letters & designs be? What to put on your sign and why?, then be ready to Get in touch with sign people and get your best deal. Large lettering with out a front sign could save you time and money Do your products have a special shape or color to emulate on your sign? Kodak is always in yellow and black, Coca-Cola white on red, Etc. Muffler places, have a sign in the shape of a muffler. your phone number on the store front some place, but not on the identification sign, (door, or window) Your Product & logos can be arranged on the front sign, or window. Not on the Pole sign, Store hours & phone number could fit in your design and by using the product color, it could add product recognition & enhance your design. Suppliers may provide plenty of advert

music forum (zt)

24. moonlight - ≡ Sound Of Nature ≡ -     15. Tone Quebec Network 17.Ukoo http://www.hispeed.com.cn/Forum/LoadForum.asp?Foru m / a> http://bbs.dd81.com/index.php 30. Jazz pawnshop http://www.sogua.com/ 6. Lyrics 吾爱 http://www.inkui.com Reading of the singer in mind 2. Hyun tone http://d.sogou.com/ http://www.beihai365.com/bbs/forumdisplay.php?f/a> 20. Left Bank • Teana http://bbs.flamesky.com/ 8. Sogou sogou- 25.U Shadow 吾爱 sound waves 4. Need 14.HDCD http://www.commus.com/ 29, Buddhist music, do not know the name of the http://www.itpub.net/forum79.html http://bbs.kugoo.com/index.asp http://bbs.uying.com/176/Index.aspx http://board.verycd.com/ http://board.verycd.com/f8.html 13.MP3 barrage http://bbs.51lrc.com/index.asp?board/a> A pleasant song - "Dancing circulation" 19.Verycd of http://bbs.breezecn.com/ http://www.mp4cn.com/2008/index.html Sound of Music Forum, http://www.jazzsky.com/lb/cgi-bin/leobbs.cgi http://www.luopo.co

How to Cut Down on Small Business Advertising Expenses

Small business advertising is the greatest problem that the entrepreneurs face. If you have a small business then you may be facing the same problem. This problem can be easily cured with the help of a few steps. Remember that cutting down the expenses does not mean damaging the business. You will have to make sure that the business keeps running at its best and your expenses cut down campaign do not disturb the running of the business. This is the difficult part of this campaign. Most of the people can easily cut down the advertisement expenses but then they will sacrifice the business. This is not the tight course. Market is very important to you. You should research your market and then target it. It will reduce the budget by reducing the number of advertisement campaign that you are running. You may be running campaigns outside your native market. Remember that targeted advertisement is the most essential thing. You may wa