Business Formation

You do a great job running your small business in Massachusetts. But sometimes it’s wise to get business advice from trusted experts. They might point you in the right direction when you're having doubts. Forming an advisory council for your small business is possibly...

When forming a business, you can choose different ways to formally organize it, depending on your business needs and goals. A limited liability company protects your personal assets from business debts, offers certain tax advantages, and can help raise capital. To set...

An S corporation is in some ways a hybrid of a corporation and a partnership. You enjoy better tax benefits like with a partnership but also the personal liability protections of a corporation. It's a common business structure that small businesses in Massachusetts...

All entrepreneurs in Massachusetts face a basic structural issue when beginning a formal operation: the business formation type. While some first consider a sole proprietorship as the best option, the truth is that many could do better with a limited liability company...

Are you thinking of starting a new business in Massachusetts? There are plenty of ways that you can choose to incorporate your business. One of the most common methods is to form a Limited Liability Corporation, also known as an LLC. There are several pros and cons to...

Running a family business in Massachusetts has a lot of appeal. You can fill key roles with people you know and trust, and you'll be able to build up wealth and skills in the family. However, here are a lot of problems that can arise when you start a family business...

When you're starting a business in Massachusetts, you need to choose a structure, which is what determines your tax rules. A sole proprietorship is the easiest type of business to start, but it has its downsides. How likely are lawsuits in your industry? Sole...

Forming and launching a business of your own is the first step to true financial freedom and time flexibility. However, selecting the right type of business formation can feel complicated and overwhelming if you are unfamiliar with your options in the State of...

When you start a business in Massachusetts, it's important to cover yourself from all angles. You never know when someone might file a lawsuit over a workplace injury, product liability or another potential issue. If the law is on your side, you might be able to stop...

Massachusetts businesses can choose from several different types of legal structures under which to operate. Businesses that elect to form corporations must follow specific rules. When corporations decide to go public, they will also need to have shareholders...