Tag Archives: Corporations
Forming a Business Entity… Which Entity is Right for Your Small Business or Start-up?
By Daniel Richardson One of the most common questions I am asked by owners of small businesses and start-ups is whether they should form a business entity, such as a corporation or limited liability company (LLC), and, if so, which is best for them. This is a vital question for any business. Limited liability is […]
Benefit Corporations
by: Laura Koch California has entered the new year with a new class of corporation—the ‟Benefit Corporation,” or ‟B Corporation.” Governor Brown signed AB361 in October 2011, making California the seventh state to allow corporations to elect an organizational structure that benefits both society and shareholders. B Corporations are required to pursue the creation of […]
The Right Fit
by: Andrew K. Jacobson © 2003, Bay Oak Law In recent years, new business owners have had several entities to choose from, depending on the needs of the business and the owners. The two most important factors in deciding the right business entity are limited liability and the tax treatment. Limited Liability. “Limited liability” is […]