Month: July 2022

Many entrepreneurs start their first business as a sole proprietorship. It’s typically the easiest business structure to form. However, it also leaves the owner financially vulnerable if the business is sued or accumulates debt it can’t pay. Sole proprietors often...

A business formation contract is an essential component of any business entity. A contract outlines each party’s rights and obligations. It also makes it easier to resolve any disputes that may arise during the course of the partnership.  Since this contract is a...