In a sole proprietorship, the business is owned by one person and is legally indistinguishable from the owner. Although the proprietorship is owned by only one person, it can employ many. Some people ...

Choosing a business structure is an essential step in the process of launching a new business, one that has many impacts on how a business operates. A business's structure describes its legal ...

A corporation is a separate legal entity that issues shares (stake in the company) to owners and protects their personal liability A partnership is owned by its partners and is easier to establish and ...

Business entity choice determines whether heirs get stepped-up basis on farm assets or just ownership shares upon death.

Forbes contributors publish independent expert analyses and insights. Mike Kappel is the Founder of Patriot Software, LLC. Starting a business is all about taking things one step at a time. One big ...

Over time, you may decide that the business name you chose for your company no longer accurately reflects your brand. Or you might decide you would be better off legally to have a different name.

NCET helps you explore business and technology. When starting or operating a business, one of the most important decisions that you will make is what type of business entity you should choose. There ...

The topic of Employer Identification Numbers is sure to arise as accounting professionals help their business clients get all of their tax to-dos in order. When does a business need an EIN? In this ...