Buying a franchise business is supposed to be much easier than starting a business from scratch. Lenders like it better because it represents a business model previously tried and proven. I can completely understand the…

The choice of entity for your business is a decision based on four main factors:  desired tax treatment, manner of making distributions, liability of owners and types of owners.  If you answer questions about these…

Every year, many entities miss the important requirement to file their annual reports as mandated by state law. Depending on the state where the company is registered, if an entity does not file the required…

Nonprofit corporations enjoy several advantages and protections such as, tax exemption, access to grants, and limited liability. However, your organization can forfeit its nonprofit status by failing to maintain the required corporate formalities, those requirements…