Small Business Basics

Filing a partnership agreement is essential if you want to make the jump from sole proprietorship to a limited liability situation. In a sole proprietorship, you and all of your personal...

According to the Internal Revenue Service (IRS), a sole proprietor is someone who owns an unincorporated business. The person and the business are considered a single entity. The owner is not an...

There are many types of business organization structures that a person can choose from when starting a new business. To choose the proper structure, the business owner must consider his needs for...

Planning your new business includes considerations such as a business name, location and the type of legal structure under which you will operate. There are options that have a range of legal and...

There are several ways that a business can be organized to define its structure. The main types of business organizations in the United States are sole proprietorship, corporations, partnerships...

A corporation is much more complex than a sole proprietorship. As your company grows, however, you may be ready to establish it as a separate entity, which incorporation will do. Creating and...

Before you incorporate, decide if it is right for your business. Incorporation has its benefits, but it may not be necessary for an extremely small business. For instance, if you are incorporating...

If you have a sole proprietorship, chances are your business is fairly small, so it is a relatively simple task to incorporate it. Reasons for doing this include trying to protect your personal...

A sole proprietor (proprietorship) is a term referring to the legalities and the form of business structure. When you start a business as the only owner and responsible party your business is...

Registering a business name in Georgia has to be done through the Georgia Secretary of State's office. The procedure you follow will depend on what kind of entity you are registering your business...

Whether you are winding up, passing the family business down or simply moving on, selling a business has certain tax implications that should be considered before entering a deal. Because the...

A sole proprietorship is an unincorporated business owned by a single owner. To establish one, all you need is a DBA (Doing Business As) certificate. Unlike corporations or limited-liability...

You've decided to start your own business. Congratulations! The easy part is over. If you're planning on keeping things small and simple, a sole proprietorship is the way to go. The amount of...

Closing a sole proprietorship business is much less complicated than closing down a corporation, Limited Liability Company, partnership or other more formal business entity. The business...