Tutorials

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Financing Sole Proprietorships April 13, 2006 A sole proprietorship is a single-owner business and the simplest form of business entity. However, a sole proprietorship is also the most restrictive form of organization for equity financing ...

Financing General Partnerships April 13, 2006 A general partnership is an association of two or more parties to operate a business for profit. The partners raise equity funds through their own capital contributions, by adding a new partner, or ...

Financing Limited Partnerships April 13, 2006 A limited partnership is a partnership that requires only one partner to assume personal liability for the business's liabilities (the general partner). There may be more than one general partner. ...

Financing Corporations April 13, 2006 A corporation is a separate legal entity that can be created only by compliance with state statutes. The business enters into a kind of contract with the state (called a corporate charter) in which ...

Financing LLCs and LLPs April 13, 2006 A limited liability company is a relatively new form of business entity that is now permitted in all states.

Which Form Is Best for You? April 13, 2006 Although we discuss the main advantages and disadvantages of different organizational forms, no formula exists for making the determination of which entity is best for your business, and this ...