Choosing a business structure is one of the first and most important business decisions you make. The type of entity you choose affects what business taxes you owe, your profits and losses, and the level of control you have in your company.
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What Is 501(c)(3) Status?
If you operate a nonprofit organization, you may be eligible to apply for tax-exempt status, such as 501(c)(3) status. Learn what is 501(c)(3) status, types of 501(c)(3) organizations, and how to apply for 501(c)(3) status.
Read More What Is 501(c)(3) Status?How to Change Your Business Structure
The business entity you chose when starting your business might not be appropriate when you add on a partner, hire additional employees, or introduce new offerings. Learn how to change your business structure to adapt your small company.
Read More How to Change Your Business StructureWhat Is the Best Business Structure for Small Business?
Structuring your company is one of the first and most impactful decisions you will make when starting your business. But, deciding the best business structure for small business can be a challenge. Before you randomly pick a business structure out of a hat, get to know how each type of entity can affect your small […]
Read More What Is the Best Business Structure for Small Business?What Is a Not-for-profit Organization?
There are countless organizations and charities that work to help individuals or communities in need. These types of organizations are typically considered not-for-profits. Read on to find out what is a not-for-profit organization and how not-for-profits differ from nonprofit organizations.
Read More What Is a Not-for-profit Organization?Starting up a Business? Here’s the Best State to Start an LLC
When you start a business, you are responsible for choosing a business structure. One structure you can select is a limited liability company, or LLC.
Read More Starting up a Business? Here’s the Best State to Start an LLCHow to Conduct a Market Analysis the Right Way
When you start a business, do you just wing it? Or, do you take time to plan and research your strategies before you jump into the market? If you’re like most entrepreneurs, you probably prepare your business before taking the plunge.
Read More How to Conduct a Market Analysis the Right Way“Do You Have a Permit for That?” Business Licenses and Permits You Need to Stay Legal
If you want to operate your small company legally, you likely need some business licenses and permits. There are federal, state, and local licenses and permits you might have to apply for. It all depends on your business.
Read More “Do You Have a Permit for That?” Business Licenses and Permits You Need to Stay LegalOne Isn’t Always the Loneliest Number. What Is a Disregarded Entity?
There are plenty of things to do before you open your new business. One of the most important tasks is choosing a small business structure. If your business is a single-member limited liability company (LLC), you may have heard the term disregarded entity. If you haven’t, don’t worry! A disregarded entity isn’t bad news. So, […]
Read More One Isn’t Always the Loneliest Number. What Is a Disregarded Entity?What Is a Nonprofit? Definition, Types, & More
Have you ever donated to a charity? What about a hospital or school? If so, you may have given to a nonprofit. But, what is a nonprofit? And, how do they work? Get the answers to all of your burning questions below.
Read More What Is a Nonprofit? Definition, Types, & More