Entity types

Top 5 Benefits of Being an Independent Contractor in 2024

The gig economy is becoming increasingly popular, which is why more and more people now want to work independently. Understanding the benefits of being an independent contractor can help you figure…


10 Most Common Startup Mistakes You Need to Avoid

Starting a business means you must master multitasking. Products and plans and a push for publicity all require your attention, and that’s just the beginning. With so much on your plate, it could be…


StockSnap

Sole Proprietorship vs Partnership: How Are They Different?

The Sole Proprietorship vs Partnership dilemma is one most small businesses face when trying to decide how to structure their companies. Imagine: you have surpassed gifting your homemade jewelry to…


Notebook mockup

Steps to starting a business – part II: ancillary considerations

In part I of “Steps to starting a business,” we covered the five essential steps to establishing your business, including your Federal Employer Identification Number, state formation documents,…


Entity types

Entity types: which option is best for my business?

The first decision most entrepreneurs face when starting a business is to choose its structure or entity. Entity choice is a critical decision, as it has far-reaching legal and tax consequences. At…