Forming a corporate entity (either a limited liability company or corporation) is the first step for any small business owner to minimize personal liability for the financial risks of the company. Absent a corporate shield, entrepreneurs face liability for the debts and liabilities of their small business. Corporation vs. Partnership Originally, there were only two types of businesses: corporations and partnerships. Corporations were separate legal entities that could own property, sue and be … [Read more...]
Turning Your Side Hustle into a Real Business Is Easier that You Think
It is feasible to turn a side hustle into a viable business with the right combination of planning, execution, scaling,… READ MORE
