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When it comes to setting up an accounting firm, choosing the right legal structure is crucial. One of the main considerations is whether to opt for a Limited Liability Partnership (LLP) or a Limited Liability Company (LLC). Both of these structures offer various advantages, but which one is best suited for an accounting firm? In…
As a business owner, you are faced with a number of challenging decisions on a daily basis. From making approvals on your marketing strategy, to hiring choices, to which vendors you will work with, it seems like every decision you make is consequential. Of course, that is just one of the trade-offs to the path…
Are you thinking about launching your very own business? If so, this can be an exciting, uncertain time. While it is commendable to finally put your years of experience to good use in the name of starting your own venture, you are probably discovering that there is much planning and preparation required before you can…
If you are starting your own business for the first time, it may seem like you are facing an endless series of questions. From the minor, such as where you will order your office supplies from, to the more important, such as choosing which vendors to work with, you have no shortage of decisions to…
What organizational structure, LLP vs. LLC, would work best for your accounting firm? When it comes to making this choice, there are a lot of things to think about, but in the end, it will come down to the requirements and objectives of your particular business. In this article, we will compare the limited liability…
