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As a business owner Deion Sanders Jersey , it only makes sense to protect your personal assets from company debts and liabilities. The question is: whats the best way to do that? If youre going back and forth between the limited liability corporation (LLC) and the S Corporation (standard corporation), youre certainly not alone!

LLC vs Corporation ?The Similarities

So what benefits do these two business entities share? Owners of an S Corp or LLC both enjoy limited personal liability, they both avoid "double taxation," and they both pay income taxes on a flow-through basis like sole proprietors and partners.

In the past, business owners who wanted to protect their personal assets but also wanted to report income and losses on a personal tax return had to create an S Corporation. Today Atlanta Falcons Jersey , that can also be accomplished with an LLC. And for many small businesses, the flexibility of the LLC makes it a pretty popular option. In fact, in the LLC vs S Corp battle, the LLC is quickly becoming the entity of choice among small business.

Benefits of LLC vs S Corp

?Simple & Fast ?An LLC can be formed in one easy step, while an S Corporation election is made only after a General Corporation is formed first.

?Skip the Formalities ?S Corporations are required to hold annual meetings and keep formal minutes Haason Reddick Jersey , while an LLC is not.

?Flexibility ?LLC members can split profitslosses in any way they choose. In an S Corporation, shareholders must receive dividends according to the number of shares that they own, regardless of the amount of effort put into the business.

?Ownership Freedom ?Any combination of individuals or business entities can own an LLC. Only United States citizens and resident aliens may own an S Corporation.

Still, when it comes to the question of S Corp or LLC, a clear winner cannot be named. While many business owners are enjoying the simplicity and flexibility of the LLC Christian Kirk Jersey , its not the best choice for everyone.

Benefits of S Corporation

?Issuing of Stock ?If you want to entice or compensate employees with stock options or stock bonuses, the S Corp is still the way to go since LLCs do not issue stock.

?Tax Benefits ?S Corp shareholders pay Medicare and Social Security tax only on money received as wages or salary, not on profits received as dividends or that stay within the company.

?Fewer Audits ?An S Corporation is said to have less risk of government audits as a corporation, compared to an LLC.

As you can see, theres no clear cut answer as to which form of business entity is better. Each individual business owner will have to weigh his or her options in the battle of LLC vs S Corp. If youre still feeling overwhelmed Kyler Murray Jersey , it might be time to talk to a business attorney or accountant about whats best for you. Another great option is utilizing an online incorporation firm ?they can answer your questions and assist you in setting up your S Corp or LLC for a reasonable fee.
Office Cleaning: Get The Most From Your Service Business Articles | October 26, 2010
There are several ways you can get the most out of your office cleaning service. By creating a good schedule, keeping your employees tidy, and making sure you have adequate security, you can have a happy relationship with the new staff.

On the surface Chandler Jones Jersey , there doesn?t seem to be that much to say about office cleaning. However, if you?ve recently hired a company to take care of the daily tidying chores, you may be wondering why things aren?t turning out the way you?d planned. Maybe you feel as if the company you?ve hired isn?t worth the money. This may be true, but there are some tips you can employ that will help you wring every dollar?s worth out of your office cleaning company.

The first thing you need to do is figure out a schedule that works for both you and the service you?ve hired. After they?ve worked for you for a couple of weeks, you?ll be able to discern the kind of schedule that works best. You may notice that they are coming much more often than is really necessary. Perhaps they are not visiting frequently enough and the dirt is piling up. Talk to the service and work something out that makes sense both financially and practically. If you feel you aren?t getting things done in certain areas Pat Tillman Jersey , you may wish to leave the service with a checklist of tasks.

Don?t let your employees go into slob mode just because you?ve hired an office cleaning service. While it might be tempting to leave trash around and leave dishes piled in the company sink, this will give the service much more to do in a limited time, taking away from more important chores. If you can keep the workplace relatively tidy throughout the day, the people you?ve hired can focus on the actual work instead of just picking up after lazy employees.

It can be a hassle to have your employees try to concentrate and work while the office cleaning service is dusting here and vacuuming there. It might make more sense to have them come in after everyone else has gone home. This is they way many companies do it, and it works from an efficiency and convenience standpoint. Of course Arizona Cardinals Jersey , you may feel justifiably reluctant to have workers around sensitive materials at night. If you don?t have a security staff, you might think about locking up anything particularly private or installing cameras.

Finally, remember to be realistic. These service companies aren?t genies who can turn cow patties into gold bars. You have a right to expect a job done well, but you have to understand that you get what you pay for. If you?re shelling out a hundred bucks a visit, you should expect things done quite well. For $25 a visit Wholesale NFL Football Jerseys , you may get the trash taken out.
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