Do you want to open a business, but don't know where to start?

We are now helping those that would like to open up a business. There are many types of businesses structures you can utilize. We will help you make the decision on which one would be in your best interest. Don't worry about the paperwork part, we will complete all the paperwork for you. All you will have to do is pay the state fees, and our fees start at $200. Let us know if we can help?



Business structureOwnershipLiabilityTaxes

Sole proprietorship

One person

Unlimited personal liability

Personal tax only

Partnerships

Two or more people

Unlimited personal liability unless structured as a limited partnership

Self-employment tax (except for limited partners) Personal tax

Limited liability company (LLC)

One or more people

Owners are not personally liable

Self-employment tax Personal tax or corporate tax

Corporation - C corp

One or more people

Owners are not personally liable

Corporate tax

Corporation - S corp

One or more people, but no more than 100, and all must be U.S. citizens

Owners are not personally liable

Personal tax

Corporation - B corp

One or more people

Owners are not personally liable

Corporate tax

Corporation - Nonprofit

One or more people

Owners are not personally liable

Tax-exempt, but corporate profits can't be distributed

1 view0 comments

Recent Posts

See All