Business Law Blog

Business Entity Types

The determination of how to organize an entity is one of the most important decisions a business owner will make as they begin their endeavor.

So You Want to Start a Corporation

By Tom Loonan | Business Law

When discussing common business entity formation, a corporation is the most formal and the most complex entity to form and operate.

A…

Limited Liability Company 101

By Tom Loonan | Business Law

One of the most widely used business entity types is the limited liability company (LLC). This is often a preferred entity due to its flexible…

What is a Partnership Business Entity

By Tom Loonan | Business Law

If you are considering starting a business partnership, there are two different types of partnerships for business entity formations. The two…

What is a Sole Proprietorship?

By Tom Loonan | Business Law

The most basic form of a business entity is a sole proprietorship. There are no formalities associated with this formation and it is established…

Are You Ready to Pass on Your Business?

You have spent years creating a company. You have put in sweat, money, time and energy into building a legacy for your family and community. But now it’s time to hand over the reins. Are you ready? The Baby Boomer generation…

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