Often entrepreneurs do not wish to seek partners when establishing their business. Further, they may also want to do away ...

This structure generally requires separate legal entities to reduce liability, improve reporting clarity or meet regulatory requirements. Although the scope of responsibility is significant ...

When you form an LLC, the business becomes a separate legal entity (reducing your risk in the process) and owns the business assets. LLCs also provide more options when it comes to tax treatment.

A form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors A corporate structure is perhaps the most ...

The fictitious name is simply a trade name--it does not create a legal entity separate from the sole proprietor owner. The sole proprietorship is a popular business form due to its simplicity ...