If you're gearing up to start a business, you're probably wondering what type of entity you should register as: a sole proprietorship or a limited liability company (LLC). Both are common structures ...

When you start a new business, one of the first questions that comes up is your business structure. Two of the most common types of business structures are LLCs and corporations. While many small ...

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 ...

Registering a limited liability company (LLC) is a popular method for starting a business, with many companies providing services that make it easier than ever. After you register an LLC, however, you ...

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

One is less expensive, while the other provides more legal protections. Here’s how to decide. Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is ...

An LLC operating agreement is a legally binding document that outlines the LLC’s preferred operating, management and financial procedures. Its purpose is to guide the business’s internal operations ...

Editor’s note: This is part 13 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...

LLCs in Texas are fairly simple to form, and marry many of the advantages of partnerships and corporations. Many, or all, of the products featured on this page are from our advertising partners who ...

Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our ...

You'll need to provide an operating agreement, EIN, revenue details and your date of birth to open an LLC bank account. Many, or all, of the products featured on this page are from our advertising ...