A limited liability company (LLC) limits the potential for its members to be personally liable for the LLC's business debts. It features pass-through taxation.

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...

Picture the most successful companies in the world; they have one thing in common — an effective organizational structure. But what exactly does that entail and how can it make or break a business? If ...

Your limited liability company's (LLC) "articles of organization" act as a charter to establish the existence of your LLC in your state, and set forth certain basic information about the new business.

Every organization, no matter its size, has an abundance of moving pieces. Ensuring that all those pieces move in perfect synchrony starts by devising an organizational structure that represents the ...

Opinions expressed by Entrepreneur contributors are their own. From a logistical perspective, it can be surprising to find that many small businesses and startups need a sound organizational structure ...