How to Start an LLC with S Corp Election
Many limited liability companies (LLCs) use the S-Corporation distinction – and for good reason. This article reviews LLCs and S-Corps, why the combination works well, and how to set up your company to utilize the advantages of each. First, let’s clear up a...
Why the Benefits of a Sole Proprietorship are NOT Worth It
Sole proprietorships have one benefit: simplicity. The downsides are numerous, which make operating as a sole proprietorship imprudent. Taking the time to form legally is an investment in your business just like having a website or sending a grand-opening letter. ...
Hi, I'm Wesley! A business attorney turned entrepreneur devoted to simplifying how you protect your business and your assets. Like you, I'm an business owner so I get it and I started Drafted Legal to help you put in place simple and sound legal strategies so you can focus on your business and not worry about getting lost in legal nuances.
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