Category Archives: Entrepreneurship
Advantages and Disadvantages of a General Partnership
Continuing my post about the advantages and disadvantages of a sole proprietorship, the next I will detail is a General Partnership. A general partnership is an agreement between two or more parties in which they agree to share the profits … Continue reading
Husband and Wife LLC Operating Agreement
What You Will Get From This Article: Steps to start a husband and wife LLC Common tax treatment for husband and wife LLCs Purpose of a Husband and Wife LLC Operating Agreement Sample excerpt from a Husband and Wife LLC … Continue reading
Advantages and Disadvantages of a Limited Liability Company
What entity structure do you choose? A lot of the time a Limited Liability Company is a good fit, but make sure you know and trust your partners. Below are some advantages and disadvantages. Advantages and Disadvantages Advantages A limited liability … Continue reading
Form 1065
Are you thinking about starting a General Partnership? Are you involved in a General Partnership and have questions about your taxes? This post contains affiliate links If these questions apply to you, I have created a eBook on Amazon that … Continue reading
Advantages and Disadvantages of a Sole Proprietorship
There are many types of business structures you can choose, being a sole proprietor is the most common. My cleaning company is a sole proprietorship. This post contains affiliate links The biggest advantage of a sole proprietor filing is that … Continue reading