Ecommerce businesses still have to deal with the standard business concerns such as accounting, legal liability, taxes, and filing the appropriate regulatory documents. The question is, which business entity should they form – LLC, S Corp, C Corp, Sole Prop?
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Form a Florida LLC
To form a Florida LLC takes a few steps, but first let’s look at how LLC’s came about and what makes forming one such a benefit to entrepreneurs in Florida. LLC History The concept of a Limited Liability Company (LLC) was introduced in 1977 by a Wyoming LLC Act legislated as a favor to an [...]
Differences between an LLC and Corporation
Anybody can open a new business – it’s growing it that’s more challenging. The most successful businessmen would tell you that they didn’t start businesses overnight. They studied every aspect of building and growing a business into a success – how to start, run, and sustain it as well as how maximize profits for the [...]
Four Steps to Setup a LLC
Setting up a Limited Liability Company is quite easy. Once you have ironed out the business plan and decided on your members, their roles and responsibilities, then it’s only a matter of legalizing the whole thing. Getting your state’s approval actually only takes one-step but the planning stage is a bit more complex. In order [...]
LLC History, Where they Came From
Limited Liability Companies are fast becoming the go-to business structure for fledgling businesses. This isn’t a surprise considering that a LLC combines the advantages of both a corporation and a partnership, without any of their disadvantages. LLC members get limited liability from the company’s dealings, which mean their personal assets are safe from any loan [...]
LLC or C Corp
The Differences Between a Limited Liability Company and a C-corporation It is quite difficult to confuse a Limited Liability Company (LLC) with a C-corporation. The two have many similarities and yet stark differences. If used effectively the LLC can potentially combine the benefit of a C-corporation with the benefit of a S-corporation. The result is [...]
Series LLC
Many regard the LLC as the new business entity, and compared to the traditional corporation, it is. As businesses get more complex, and with more divisions, the need arose to legally separate these various divisions, and to do it as economically as possible. Thus, the Series LLC was born. It was started in Delaware, and [...]
LLC vs. S Corporation
Which to choose “LLC or S”? Let’s compare the LLC vs S Corporation to answer the question. An S Corporation has been one of the most preferred and popular forms of business structures in the United States for several years. Recently however, many business owners are realizing the benefits of a relatively new structure the LLC. In comparing these [...]
Forming a LLC in 2013
The gratifying thing about forming a LLC is that they are affordable and easy to set-up. Yes, you heard right. It is easy to form a LLC (Limited Liability Company). Despite the far spread of the rumor, the truth is that you do not need a lawyer or use the service of a formation company to set up your LLC.
