Structuring The Business
|
Real Small Business: Building Your Business
Structuring The Business
From the Editors of Real Small Business
Determining how to structure your business is a potentially complicated decision. Your options include sole proprietorship, partnership, corporation, and limited liability company, and each carries with it potential benefits and disadvantages with regard to the legal and financial obligatons of your business. Ultimately, the choice will be based on your individual goals and style of doing business.
The decision you make will impact how your company files taxes, licensing, your ability to control the company's operation or ownership, and to what extent you are personally liable for the company's debt or legal actions against the business. Since there are so many issues involved -- and potentially momentous consequences of the decision -- your best bet is to do extensive research on your own, then seek the guidance of a legal or financial advisor who is familiar with your business before choosing a structure.
This week, Real Small Business takes a closer look at structuring a business, to help you learn more about your options, and make the right decisions for your company.
- Meet Matt Blumberg, the founder and president of ReturnPath, a company that helps businesses and consumers manage e-mail address changes. Matt explains how he decided to make ReturnPath a C-Corporation, and how this decision has helped him meet some of the challenges of entrepreneurship. Click on your preferred video format in the 'Watch the Video' area on the right.
- Get expert legal advice from Fred Steingold, who answers the question, "I'm about to start a small business. What types of legal structures should I consider?"
- Access articles about
writing a partnership agreement, overview of corporations,
basics of a C-Corporation,
basics of a general partnership, basics of an LLC,
basics of a limited partnership, basics of a nonprofit,
basics of a professional corporation, basics of an S-Corporation,
basics of a sole proprietorship, incorporating out of state, choosing a board of directors, and state offices of incorporation.
- Read an interview with Andrew J. Sherman, Capital Partner at McDermott, Will & Emery Law firm, and a specialist in small business law.
We talk about Structuring The Business with Matt Blumberg of ReturnPath.
|
|
 |
|
Global 3D Medical Imaging Industry
NEW YORK, Dec. 8, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Global 3D Medical Imaging Industry
This report analyzes the worldwide markets for 3D Medical Imaging in US$ Million by the following Product Segments: MRI & CT, and Ultrasound.
Employee Compensation
There are lots of ways to make employees happy: a congenial work environment, opportunities to learn on the job, flexible schedules, and the list goes on. But at the end of the day --or more precisely, the end of the week-- employees are made happy by getting paid. Creating an employee compensation plan is vital for any enterprise with intentions to hire a staff.
Small Business Resources
According to the Organization for Economic Co-operation and Development, 98% of companies in the United States are small businesses (defined as having fewer than 100 employees). Small businesses truly drive our economy, so it's no wonder that organizations ranging from private business service providers to the United States government are eager to help small business owners.
Koyote Software Announces the Launch of Free MP3-WMA Converter
LIMASSOL, Cyprus, Jan. 5, 2012 /PRNewswire/ -- () -- With many elite and free media converter products already taking the online world by storm, Koyote Software is today pleasing audio fans everywhere by launching their latest product -- Free MP3 WMA Converter.
The free software will put an end to the confusion often caused while downloading audio in different formats, as the company explains:
"Often a user will download an audio file, only to find that it isn't compatible with the device they plan to listen to it on," says the company's Yogev Tuval.
Starting Up
More than one business venture was first hatched as an idea casually discussed among family or friends around the kitchen table. But actually starting a business requires more than inspired scribblings on a paper napkin. Even the most straightforward idea calls for a disciplined approach before putting up your shingle.
Preparing for Tax Season
While your thoughts at the end of the year are probably filled with everything from next year's budgets to holiday vacation plans, don't forget that tax season will be upon us before you know it. Leaving everything for a last-minute cram session could disrupt your business in the spring. To avoid a crunch, you should get prepared for tax deadlines well in advance.
Pricing Right
The last time you were on an airplane, you were likely sitting near someone who paid twice as much as you did for a ticket. You were probably just as close to someone who paid only half your fare. Airlines have complicated algorithms for pricing their seat: business travelers are willing to pay more on short notice, while leisure travelers plan ahead and deal with travel restrictions to pay much less.
Cash Flow
You don't have to be a small business owner to understand the importance of cash flow. Anyone who's ever found themselves holding off on paying a bill until a check clears in their bank account is familiar with the basic premise of cash flow: You need to manage the money coming in to ensure you have enough on-hand to cover your spending as well as unexpected expense
|
 |
|
