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Determining the Best Legal Structure for Your Business Business owners can choose from several standard business structures. Review our guide to the characteristics of and differences between these various structures. (ARTICLE) How Should You Structure Your Business? Learn the differences between each of the six basic business structures, including their advantages and disadvantages. (ARTICLE) Comparing a Sole Proprietorship with a Partnership and a Corporation A sole proprietorship is a form of business that is legally indistinguishable from the person running it. Also known as a DBA (doing business as), a ... (ARTICLE) General vs. Limited Partnerships There are two types of partnerships: general partnerships and limited partnerships (LPs). In a general partnership, each partner can incur obligations on behalf of the partnership, ... (ARTICLE) Top 10 Mistakes Businesspeople Make When Forming Partnerships Partnerships can provide a means by which partners can pool the best skills or resources to create a sound business. Mistakes can be made, however, in ... (ARTICLE) How Can I Get Out of a Partnership? I want to get out of a partnership I am in, since I no longer get along with my partners. What should I do? See if ... (ARTICLE) How Should I Find Out If a Proposed Name For My Corporation Is Available? You should check all of the following against a proposed corporate name. (ARTICLE) What Is a DBA? I hear the term "DBA." What does it mean? DBA is shorthand for "doing business as." A company that is operating under a name different than ... (ARTICLE) The Pros and Cons of Partnerships The big advantage of a general partnership is that it´s fairly simple to set up. You don´t have to register with your state and pay fees, ... (ARTICLE) Picking the Perfect Name for Your Corporation Get your name the first time. Make sure you can legally secure the name and keep in mind the hoops you'll have to jump through if ... (ARTICLE) Resolving Family Business Conflicts Even if your family business is a model of harmony, it's a good idea to think about how you'll deal with conflicts before they arise. (ARTICLE) Checklist: Issuing Stock Issuing stock to shareholders, even in a very small corporation, is a complicated process. And if your company is public now or will be in the ... (ARTICLE) Differences Between Common and Preferred Stock There are significant differences between common and preferred stock. Common stock should be thought of as a vehicle for issuance in exchange for effort. Preferred stock ... (ARTICLE) Reserving a Corporate Name In some instances, you may want to reserve a corporate name before actually incorporating. Most states (but not all) will allow you to reserve a corporate ... (ARTICLE) Protecting Your Nonprofit Corporation's Tax-Exempt Status Learn how to protect your tax-exempt status while running a nonprofit corporation. (ARTICLE) Buying a Business or Its Assets A business is simply a collection of assets. Someone who offers a business for sale is trying to sell all these assets together, but a buyer ... (ARTICLE) Classes of Corporate Stock You can provide many types of securities to investors in exchange for capital. Two of the most common securities are common stock and preferred stock, and ... (ARTICLE) Stock Issuance by a Corporation Stock represents an ownership interest in a corporation, typically represented by the issuance of a certificate for shares of stock in exchange for capital from the ... (ARTICLE) Trademark Considerations in Choosing a Corporate Name After you have completed the process of determining whether the desired corporate name is available for use in your state, another set of considerations also comes ... (ARTICLE) The Shareholders of a Corporation Make sure your shareholders have a voice in the running of your corporation, or you may may find yourself in legal hot water. (ARTICLE)
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