Ultimately, the right entity choice depends on the business’s goals, profit model, ownership structure, and tolerance for ...

If you operate a business where you're responsible for paying yourself, you'll probably have to choose between two business structures: a limited liability company (LLC) and an S corporation. These ...

Another distinction lies in flexibility. LLCs allow owners to reinvest profits or distribute income in a variety of ways, while S-Corps must distribute earnings based strictly on ownership percentage.

Business succession planning and estate planning are often linked together, particularly in the case of closely held family businesses. In the case of a shareholder who wishes to pass along their ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...