Frequently Asked Questions about Business Partnerships

April 23rd, 2023 - Category: Business Structure

A partnership is a business arrangement between two or more individuals that have not filed papers with their state to become a limited liability company (LLC) or corporation. A partnership is a very popular business arrangement since it is the simplest and least expensive way to create and maintain a business structure. [...]

Going out of Business: Ending or Dissolving a Partnership

April 23rd, 2023 - Category: Business Structure

A partnership is one of the most common forms of business because it is a simple and inexpensive way to create a business structure. However, even in the best of circumstances, partners can find themselves dealing with unanticipated issues that require them to terminate the partnership, known as dissolution or dissolving, or for one of the partners to withdraw from the partnership itself. [...]

Working Together: A Comprehensive Guide to Business Collaborations

April 23rd, 2023 - Category: Business Structure

In the often cutthroat and highly competitive world of business, small businesses frequently find themselves at a disadvantage due to their small size. One way small businesses can increase their capacity and gain an advantage over their competition is by combining forces with another business. [...]

Building Better Businesses: an Exploration of the Business Merger

April 23rd, 2023 - Category: Business Structure

There many different ways businesses can work together to become more successful and corner the market, beating out the competition. For businesses that want to make a major change, they can engage in a business merger wherein two businesses merge to become one. [...]

What are Articles of Organization for an LLC?

June 18th, 2021 - Category: Business Structure

If you are new to owning your own business, you may be feeling lost about all of the different legal requirements you need to meet. If you've never worked in a small business, or never been exposed to the information you might need to open your own business, it can be challenging to figure out what's what. [...]

What is the Difference Between Articles of Organization for an LLC and an LLC Operating Agreement?

June 18th, 2021 - Category: Business Structure

Starting a small business can be one of the best things you can do for your life and your career. Often, starting a business is incredibly fulfilling because you get to call all the shots. [...]

What are the most Important Provisions for your Corporate Bylaws?

May 18th, 2021 - Category: Business Structure

Corporate Bylaws are essential "rules" for how a corporation must operate. These documents are extremely important in the life of a corporation - in fact, often, disputes in corporations can be decided based on what the "rules," or Bylaws, state. [...]

How to Form an LLC

December 16th, 2020 - Category: Business Structure

Starting a business is very exciting. Most people that start businesses have had their ideas for their company in their heads for a long time. [...]

How to Transfer Business Ownership

October 27th, 2020 - Category: Business Structure

Owning, or being part of, a business can be great. Having a piece of the pie in any successful business, whether that means full ownership or just owning some interest, can be very financially rewarding. [...]

How to Choose the Best Legal Structure for your Business

October 27th, 2020 - Category: Business Structure

Deciding on a specific type of legal structure when you've just started your business journey can be complicated. It's hard to know exactly what the differences are, how the different structures can benefit you, and what any risks might be. [...]