OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be ...

Sole proprietorships are simpler to start and manage but LLCs offer you that layer of protection by separating your personal ...

A limited liability company (LLC) is a type of business structure that protects its owners from personal risk while offering the flexibility of a small business and the tax advantages of a ...

Our guide outlines the top business structures for Michigan entrepreneurs, their pros and cons, and how to decide on the ...

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation ...

or LLC. This business structure gives you limited liability protection similar to a corporation, plus the flexibility of a sole proprietorship or partnership, making it a popular choice for small ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.