Category: Differences

The major differences between the various legal forms or entities.

What is an LLC or Limited Liability Company?

For many years, business owners have had to choose between operating as a sole proprietor (or if several people are involved, as a partnership) or incorporating. On the one hand, many owners were attracted to the tax reporting simplicity of...


Should I try to take my corporation public?

A public corporation is one which is authorized to sell its stock to the public. The process involved in obtaining authorization to qualify as a public company is both costly and very time consuming. Ongoing requirements to maintain a public...