Several factors determine the type of organizational structure that a company uses: revenues, number of employees, diversity of products, types of customers and geographical spread. Smaller companies ...

Selecting the right business structure forms the groundwork for organizational effectiveness, asset protection, and financial transparency. This decision influences the company’s ability to raise ...

Choosing the right business structure is a critical aspect of successful entrepreneurship. A recent piece in Forbes focused on the four different types of business structures. However, there are ...

When you start a small business, choosing a business structure is a key step as it will define ownership, personal liability, legal protection, taxes, and everyday operations. Regulations vary by ...

Forbes contributors publish independent expert analyses and insights. Mike Kappel is the Founder of Patriot Software, LLC. Starting a business is all about taking things one step at a time. One big ...

Opinions expressed by Entrepreneur contributors are their own. Building a solid foundation is the key to any business. Choosing the type of business structure can have lasting impacts on your business ...

Designing a killer website, prototyping your product, talking your way to your first big order — these parts of starting your business likely stir your entrepreneurial passions. The business structure ...

How you set up your business can have major consequences, from how easy it is to operate on a day-to-day basis to how you pay your taxes. It can also determine whether you are personally liable if ...

A formal organizational structure is a necessity for any large business. Small business owners, however, may find it unnecessary to draft a formal structure while their workforce is small and lean.

One of the most important decisions when starting a business is the business structure. The choice of business entity significantly affects matters like liability, taxes, control, financing and ...