LLC members have certain rights, such as voting on decisions that affect the LLC. The term "member" refers to an individual or an entity that holds a membership interest in a limited liability company (LLC). The members own the LLC, just as shareholders own a corporation. But the rights and responsibilities of LLC members are very different that corporate shareholders. LLC members can directly manage the company and can receive allocations of revenue, tax benefits, and losses that differ…

Millennial entrepreneur Ariana Pierce shares her amazing success story. Pierce explains how her family history of entrepreneurship inspired her to launch her own business at age 17 and how her careful planning was met with smashing success. She also discusses one of her biggest business regrets and her new book, Skip the Party, Start a Business

Value as a Service author and Coupa Software CEO Rob Bernshteyn explains why "value as a service" is about to transform the business world and how businesses can take advantage of the disruption. He also details how this will impact the customer-provider relationship.

Choosing a form of business is one of the first and most important decisions a business owner must make. This decision can have a major impact on financing, management, and compliance obligations. Yet, myths abound about various business options. Discover the reality behind 10 common myths.

Use this handy chart to compare the most common company types on key factors, including formation, taxation and compliance requirements.

Infographic - 8 Steps to Launch your Business

Learn the basics regarding forming a nonprofit corporation.

To start a nonprofit organization, you take the same steps as starting a for-profit corporation: You file articles of incorporation and appoint a registered agent in your formation state. If you want to apply for tax-exempt status, you must include a public purpose provision and provide that any distributions go only to exempt organizations.

Lux Blox creators Mike and Heather Acerra tell the story of their 25-year dream to create a building toy that also unleashes the spatial imagination of kids and adults. They explain the painstaking process of getting the product just right and how the business has enjoyed impressive growth in less than a year on the market.

A federal employer identification number (EIN or FEIN) is required for all corporations, LLCs, and many other forms of businesses. Almost all types of business need an EIN (also known as a Federal Employer Identification Number or Federal Tax Identification Number). An EIN (FEIN) is issued by the IRS and is used to identify a business in much the same way as a Social Security Number (SSN) is used to identify an individual. Your EIN is required on your business tax returns, business tax…