business registration

Try www.score.org

sum it up...

Coporation - limited liability, but double taxation.
LLC - limited liability, no double taxation.
Proprietorships - you are liable, no double taxation.

John Hsia

A site like bizfilings.com will do all the work for you, for a fee of course. But then again you have to pay (to the government) if you do it yourself anyway, so a few extra bucks spent to avoid the headache is a worthwhile investment. Pricing varies per state, so you can find out how much it'll cost for your state on their site. As a matter of fact I just went on google, and here's a whole list of sites you might want to check out: http://directory.google.com/Top/Business/Consulting/Business_Formation/United_States/?tc=1

[edited by - FenixDown on July 27, 2002 9:15:47 PM]

Heres some Grade 9 business class information for you..

Sole-Proprietorship (spelling is WAY off): Is a business where one person owns the company. That person is also responsible for all liabilities.

General Partnership : Same thing as above, except with 2 or more founding members or corporations.

LLC : A business owned by one or more people, where the owners are NOT responsible for the liabilities.

Corporation : Shareholders own the company, paid dividends based on profits. Each share gives one vote on all company decisions, all share votes can be given to any other share holder.

-------------------------------------------------------

To legally sell anything, you don''t have to own a business, however, if you make more than a certain amount (depends on location / laws), you''ll need to start paying taxes on your revenue. In which case, you''ll need to start collecting taxes, and that requires a tax collection thingy-majig. (In Ontario, where I live, its a GST Tax Account and its when you make more than 60,000 dollars a year.)

Shareholders don''t vote on company decisions, they elect a board of directors who pick the CEO.