There are a number of differences between an LLC and an S Corp. The principal reason I find people choosing an S corp over an LLC is that with an LLC, all of your income is treated as income from self
Welcome to the world of business and all it's risks. There are no insurances to protect you from business losses I am afraid. You can insure for some things so talk to your local agent. With respect to
This is a very competitive area you are looking to move into and your profit margin will be low so uyou are right to think about matters such as design etc. First of all you should set up a portfolio
This is something that I would advise you to walk away from. There are hundreds of ideas out there that can offer more money with less grief & drama. If you have the sense to recognise a good idea then
Hi Lamont, It sounds like you have a great and smart father. What are trusts? Trusts are legal vehicles which is to hold various assets (e.g. money, real estates, stocks, etc.) and will be distributed

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