Forming a new business is an expensive endeavor. Start-up costs often exceed an entrepreneur's cash on hand, so look for savings whenever possible. Limited liability companies -- or LLCs -- are ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

While all freelancers are technically business owners, not everyone considers them such. In some instances, freelancers who don’t treat their endeavors professionally are partly to blame. But often, ...

Every state has different requirements and advantages for LLC’s, such as no income tax or no annual filing fees. Your home state is generally the best state in which to form your business, but ...

Probably the single greatest disadvantage of the corporate form is the burdensome range of formalities that corporate managers must observe. A modern corporation’s heavy administrative burden is a ...

For a retired physician who wants to keep working, there are many factors to consider when deciding on a business structure. Question: I am a retired physician who has decided to work two days a week.