A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.

Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...

Changing the legal structure of a business is a pivotal moment in an entrepreneur’s journey, requiring both careful planning and a deep understanding of the potential legal, financial and operational ...

Flexible is the best word to describe the structure of an LLC, or limited liability company. It can be anything its owners want it to be. This makes it the choice of many small business owners. An LLC ...

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Like ice cream, the limited liability company business structure has several varieties. Which will best suit your business clients' tastes and needs? In this article, I'll describe the types of LLCs ...

Whether you are struggling with your current company structure that does not separate assets and liabilities between your different lines of business, or have multiple companies to do this for you, ...

Denice Sakakeeny is the founder and principal consultant of Denice Sakakeeny & Associates, a Boston-based boutique finance and operational consulting practice focused on anticipating and solving the ...

One of the first decisions you need to make as a new business owner is to decide on an organizational structure. Two common types are sole proprietorships and limited liability companies (LLCs). Both ...