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Articles, tagged with "business debts", page 1

Business Law

Pros and Cons of Becoming an LLC

22nd February 2011
If you are a small business owner and are contemplating becoming an LLC, consider your risks and be aware of the pros and cons of the process. Following are some factors that may help you decide: Pros • Legal protection: The primary advantage of becomin...
Author: studio1c
Business Law

How To Form a California S corporation

19th November 2010
If you are considering incorporation, an S Corporation provides several benefits for business owners if you qualify. This page will help you understand the qualifications needed to elect S Corporation status as well as provide you with step-by-step instru...
Author: lawinc
Business Law

How To Form A Corporation

15th October 2010
Your company has grown -- now it's time to upgrade your legal structure to something that will protect you and your assets, as well as provide other benefits. In other words, your business is ready to become either a corporation or a limited liability com...
Author: lawinc
Business Law

LLC Formation, medium between small partnerships and a corporation

14th April 2010
Much like a corporation, LLC owners have some protection from being personally liable for business debts. LLC's are relatively new form of ownership and is quickly becoming the entity of choice. First recognized by the IRS in 1988, LLCs offer the limited ...
Author: lawinc