E-mail
Password
Corporations

Welcome to Idea Next Step.Com

There are various corporate structures and forms recognized in most states as legal entities. If you are an inventor and plan to market your product, you may need to establish a legal entity to conduct business. There are many different types of corporations, each suited for a particular set of circumstances. The following are but a few examples of corporation structures available.

LP
  • 1 General Partner ............................ Liable
  • 1 or more limited partners............... Not Liable. However, there are some circumstances where the limited partners are liable.

    LLP
  • Usually Doctors, Accountants and Lawyers.
  • Typically limits liability to partners own conduct. However, there are some circumstances where additional liability may apply.

    LLC
  • Typically no members have liability. However, there are some circumstances where the members are liable. An LLC is taxed the same as a partnership, and it has greater tax advantages over most corporations while having greater flexibility in economic and managerial structures.

    C-Corp
  • Often utilized to accept multiple investors or to raise money from the public, or it gives you the ability to entice or keep key employees by offering stock options and stock bonus incentives.

    www.ideanextstep.com....Are you ready for the next step?

    • Google





    Idea Next Step
    http://www.ideanextstep.com
    info@ideanextstep.com

    Contest Patent Pending
    Contest Copyrighted
    Site Copyrighted
    TM & © 2007, Idea Next Step, LLC. All Rights Reserved.

    The Q Mode