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 ...

A business entity is formed to conduct business activities. Learn about the different types and how to choose one. Many, or all, of the products featured on this page are from our advertising partners ...

When a company forms, it needs a structure to define it. Many times, that structure takes the form of a corporation. A corporation is an entity that meets certain legal requirements to be separate ...

The salary is a key component of any job, and because a small business might consist of employees taking on many roles, it should establish a salary structure to establish the hierarchy of roles. This ...

Many startup businesses are started as one of three business entities: a Limited Liability Company (LLC), an S corporation, or a C corporation. So how do they differ, and which is the best startup ...

As your business grows, you will move from a flat organizational structure, or one where several key managers report directly to you, to a more traditional, or functional structure. A functional ...

The choice will have important implications for your legal exposure, management structure and, ultimately, your bottom line. Many, or all, of the products featured on this page are from our ...

You've probably heard that being an S Corporation has some perks. It certainly can for some businesses. Might it be the right option for you? Let's take a moment to chat about all things S Corp so ...

A sole proprietorship is owned by one individual. There is no legal separation between the person and the business. It operates under the individual’s own name or a business name registered at the ...

On the Friday after Christmas, OpenAI published a blog post titled "Why OpenAI's structure must evolve to advance our mission." In it, the company detailed a plan to reorganize its for-profit arm into ...

OpenAI is weighing the possibility of changing its corporate structure, multiple sources familiar with the matter told the Financial Times today. The move would reportedly be intended to help the ...