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Corporation Help Guides

What to Look For in a Business Loan
If you are a business owner, or planning on starting a new business, then at some time during the life of your business you will likely need a loan. Whether the funds are needed to pay for your startup costs, to finance an expansion of your business, invest in inventory, buy new equipment, or for any other reason, there are many options for you. Vie...
How Do I Decide Which Business Entity Is Right For Me?
You are ready to embrace the entrepreneurial life. This is an exciting time—but also one of uncertainty. Before you proceed with an LLC operating agreement or articles of incorporation, you will need to make arguably the most important decision of all: business entity classification. From sole proprietorship to C corp, options abound. Tread carefull...
The Role of an Incorporator or Organizer in Business Formation
You have developed a genius idea, drafted a mission for your company, and are ready to take the next step in the business formation process. Next up: your articles, which achieves legal recognition from your Secretary of State. As you proceed with developing your company's articles of incorporation or articles of organization, consider who you want...
What Are the Differences between LLCs and Corporations?
When business professionals want to know the legal differences between a limited liability company (LLC) and a corporation, the underlying issue is which entity will benefit the business most. This is a complicated question that will depend on your business plan and issues like tax obligations, asset protection, foreign investment needs, and much mo...
What Is the Best Process for Forming a Company?
Starting your own business can be exciting and deeply gratifying, but it is also rife with challenges—including numerous legal forms. Preparation is critical; without understanding the complications that lie ahead, it is easy to go about the process of business formation in the wrong order. Follow these steps to ensure you have a smooth and easy pro...
Top 3 Best States to Incorporate a Business
There are plenty of benefits to creating a separate business entity or corporation to run your business, from privacy to the protection of your assets. Where you form your corporation matters; some states are far more business friendly than......
What Is a Close Corporation?
The easiest definition of a close corporation is one that is held by a limited number of shareholders and is not publicly traded. The company is run by the shareholders and is generally exempt from many requirements of other corporations,......
The Ins and Outs of Registered Agents: What You Need to Know
Whether you know what a registered agent is or not, it is possible that you have been told that you need one. Every state requires corporations and LLCs to have a registered agent for a variety of reasons. Understanding the basis for the......
Paying Yourself in Each Business Structure
You likely started your business for two main reasons: you are passionate about the venture and you want to make money. For some, one reason may be far more important than the other. Nonetheless, if you want your business to be successful, it......
When Is It Time to Transition to a Corporation or LLC
When many people first launch their business, they often start out as a sole proprietorship or a partnership. Sometimes the decision to use this type of structure is one of convenience—it is much easier to set up a sole proprietorship compared......