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Where to Incorporate an Internet Based Business

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...

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How To Set Up a Corporation

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...

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Can You Set Up a Corporation Without a Lawyer?

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...

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Do You Need Insurance for Your Business?

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...

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Your Personal Liability in a Partnership

Your personal liability in a business partnership, as well as your partnership liability, can vary. Partnership liability can depend on the type of partnership you enter into, as well as your position...

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Benefits of Operating as a Sole Proprietorship

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...

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What is a Not-for-Profit Corporation?

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...

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What are public purpose corporations?

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...

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What is a Professional Corporation (PC)?

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 ...

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What is a C Corporation?

A C corporation is a business that is a distinctly separate business and tax identity from its owners. Because it is not an S corporation, sometimes a C corporation is referred to as an ordinary corpo...

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Benefits of a General Partnership

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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What are Some Common Types of Partnerships?

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 ...

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What is a General Partnership?

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 ...

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What does Deceptive Act mean under the FTCA?

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.” ...

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Removing a Bankruptcy From Your Credit Report

For those with a filing listed on their credit report, it's important to take measures to have it removed as soon as it is possible - if and when there is a legitimate reason to do so. Follow this lin...

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What is bankruptcy fraud?

Bankruptcy fraud is a criminal offense taking the form of concealment of assets, multiple filings and petition mills. Click here for a detailed definition and description of what it means to commit ba...