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Archive for May, 2014

Sole Proprietorship vs LLC

Posted May 19 2014 by with Comments Off

When you are ready to start your business you must first determine the legal structure.  There are a number of options to consider such as a sole proprietorship, limited liability company (LLC) or corporation.  Most small businesses that consist of just one member and no employees typically choose to operate as either a sole proprietorship or LLC.  But which is the best choice? 

Well, that depends on the legal and tax needs of each particular business but here are some factors you should consider:  Continue Reading…

Incorporate in Delaware or New Jersey?

Posted May 14 2014 by with Comments Off

Most New Jersey business owners and entrepreneurs will ponder the question of whether to incorporate in Delaware or New Jersey early in the business process.  It has become common knowledge that incorporating in Delaware is a popular decision for corporations.  But does this decision suit everyone? Is it appropriate for small, closely held or family companies that incorporate? Let’s look at some of the factors involved. Continue Reading…