If you choose to incorporate outside of your home state, you will have to qualify as a foreign corporation in your own home state. For example, suppose you form your corporation in Delaware, Wyoming o...
The process of choosing a state to incorporate an Internet business is not substantially different than choosing where to incorporate a brick and mortar business. You must first ask yourself where you...
The actual formal process of creating a corporation is known as incorporation. The process involves completing and filing a Certificate of Incorporation or Articles of Incorporation and paying a filin...
The Federal Trade Commission Act (FTCA) business regulations, originally passed in 1914, prohibit unfair competition by outlawing “unfair or deceptive acts or practices in or affecting commerce.” ...
Forming a sole proprietorship can be a great way for a single business owner to get a business up and running. Because a sole proprietorship is fairly unstructured, it will allow you to concentrate on...
A sole proprietorship is one of the easiest types of business entities to set up. For this reason alone, a sole proprietorship is often an attractive option to a small business owner. In fact, you may...
Corporate status, or a corporation business structure, may be the right choice for a business you intend to start, but establishing and maintaining corporate status may involve some careful decision m...
While setting up a corporation without the help of an attorney is possible, you may want to take a look at all the variables before deciding to embark on this adventure by yourself. Aside from a corpo...
Depending on the company, the board of directors and officers can be made up of the same individuals. The board of directors and officers often work together closely, but play very different roles in ...
Corporations can have many structures, but the most typical corporation organizational structure consists of the board of directors, the officers, employees, and the shareholders or owners. In larger ...
A not for profit corporation is one specifically formed for purposes other than operating a profit-seeking business. Examples of not for profit companies are ones with charitable, religious, education...
Business owners are generally not required to provide employee health insurance. However, the new health care reform laws put into place by the Obama administration encourage employers to provide heal...
The general definition of a public purpose corporation or public benefit corporation, is a corporation chartered by the state, usually formed to perform a government function. Some states define a pub...
A closely held corporation or a private corporation is one that is owned by private individuals who do not trade or sell their shares of ownership. This is in contrast to a publicly held company. Typi...
Starting a business is a difficult decision filled with many choices. It is a complicated process that involves everything from choosing a name to deciding whether to offer stocks. One of the first de...
The term "business insurance" encompasses the many different types of insurance available to protect businesses, business owners, and employees of businesses. As a new business owner it can be stressf...
Professional Corporations, or PCs (also called Professional Service Corporations)were created to allow certain kinds of professionals (e.g., doctors, lawyers, accountants, engineers, and so forth) to ...
In business, when you hear the word “partnership,” it normally refers to a general partnership. In a general partnership, there are two or more partners. Each is liable for any debts or judgments ...
The most common types of partnerships include a partnership, limited partnership, limited liability partnership, and limited liability company. The type of business that you operate determines issues ...
A general partnership can provide a business with structure and control in addition to other benefits. In most general partnerships, profits are shared equally among the partners. Typically, partners ...
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