Mutual fund trust vs corporation is important to understand to determine tax responsibility and legal rights of the different fund types. read more

Having multiple DBAs, one bank account is usually not a good idea. Instead, it is best to keep everything between each business separated. read more

MD articles of dissolution are documents that are used to formally dissolve an incorporated business. read more

The Maryland General Corporation Act was enacted in 1976 under Section 2-405.1(a). read more

To experience the major benefits of business ownership, you must have the courage to take a risk at starting a venture. read more

One major advantage of a franchise when starting a business, is that it allows expansion without worrying about the risk of debt or the cost of an entity. read more

The LLP vs company vs partnership debate also referred to as general partnerships, and companies that generally require two or more individuals to create. read more

The LLP and partnership difference can be explained this way: an LLP is a business structure that combines the features of a corporation and partnership. read more

LLC vs partnership for real estate is a valid concern for business owners wanting to protect themselves from vulnerability. read more

An LLC vs LLP vs LP compares three different type of entities with individual business structures. read more