Partnership is a form of business in which two or more sound persons come together to form a new business with the same interest in mind. In Partnership, all partners act towards the single strategic direction and all partners are equally liable. In partnership all partners share profit and losses in the ratio agreed upon…. (read more)
Getting ready to start your own business? You’ve got a bunch of different choices as to the entity type, including forming a corporation or a limited liability company. But don’t make the mistake the over-looking the sole proprietorship option. For new entrepreneurs starting a small business, a sole proprietorship offers five big benefits. Reason #1:… (read more)
So you want your own business. Or, you have been doing business under a certain name but have not yet incorporated. Often even the savviest entrepreneurs do not understand the basics of setting up a corporation. This article is a quick reference guide to some of the differences in protection, setup and maintenance of a… (read more)
