Tag Archives: Business Formation

If you own a small business, either alone or with partners, consider forming a limited liability company.

If you own a small business, either alone or with partners, consider forming a limited liability company. With an LLC, your personal assets are protected from business creditors and from business-related lawsuits. At the same time, you maintain flexible management and are taxed only on your share of the profits. Consult a business formation attorney […]

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The Advantages and Disadvantages of Sole Proprietorship

The Advantages and Disadvantages of Sole Proprietorship There are both advantages and disadvantages of sole proprietorship — so it’s important to know when the benefits are overshadowed by their limitations, particularly with regard to personal liability. There are many considerations, including tax advantages, protections, etc. As business lawyers, we can guide you in deciding which […]

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