S_Corporation_Pros_and_Cons

S Corporation: Pros and Cons

Deciding on a business entity type is one of the most important decisions for a business. It affects everything from tax status to ownership, to aspects of day-to-day operation to even how people perceive your business from the outside. And yet, it is a decision that many small business owners don’t make—or, rather, don’t realize…

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LLC_Pros_Cons

LLC: Pros and Cons

The state of Wyoming enacted the first Limited Liability Corporation in 1977, but, due to uncertainty of treatment from the IRS, it wasn’t until the late 1980’s that this entity type really gained widespread acceptance. But what is an LLC? An LLC (Limited Liability Company) is something of a hybrid, combining features of a corporation…

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4_Tips_To_Great_Ad_Writing

4 Quick Tips to Great Ad Writing

Effective advertising is critical to bringing in new customers, as well as for bringing back old ones. But how can you ensure that your advertising is written effectively? One of the determining factors in the success of advertising copy is the quality of the writing. Bad writing will drive away the audience, even if they…

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Business Mentoring Series — Solving Problems with Doug Haugh

Doug Haugh is the President of Mansfield Oil Company, and the driving force behind Mansfield’s sales and marketing activities. He has 20 years of experience in the energy and technology industries, and has received multiple awards and honors for his work as an entrepreneur. Doug graduated Magna Cum Laude from Clemson University with a degree…

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General_Partnership_Pros_Cons

General Partnership: Pros and Cons

Like the sole proprietorship, the general partnership is a default business entity. In this case, a general partnership is automatically formed any time two or more people form a business together. There is no paperwork required to form a partnership; all it takes is two people (or three, or four, or…) agreeing among themselves to…

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