If you're starting a business in South Carolina and you have chosen to operate as a corporation, you'll need to follow a few straightforward steps to form this business structure. Doing so helps ensure that you're following the appropriate legal guidelines when...
Security.
Protection.

Business Formation
Is a sole proprietorship or corporation best for a business type?
Deciding which type of business is best for your company in South Carolina will depend on costs, taxes and other factors. Further consideration should be given to whether your business is a brick-and-mortar or virtual company or both. The IRS considers two business...
The general purpose of a business capital account
Commercial finance requires the raising of capital to create a business. There are a number of financing options that are available to raise capital. A business owner in South Carolina is encouraged to understand the main uses of a capital account. The significance of...
What to know about LLCs with only one member
South Carolina allows you to organize your business as a limited liability company even if you are its sole member. Forming an LLC means that you are separate from your company for legal purposes. Let's take a look at the types of protection that you might be entitled...
How does an LLC handle income taxes?
As you know, there are many ways to form a business in South Carolina. With that in mind, many people choose to form a limited liability company (LLC). One reason that LLCs are so popular is that they protect business owners from many personal liabilities. But how do...
Can you face penalties for business accounting errors?
Accounting can be a long-winded and very tedious task. This is the kind of job that is best handled with the use of software. It isn't something you want to spend long hours doing by yourself. The potential for irritation and fatigue is very great. Using software will...
What rights and responsibilities do I have as a businessowner?
Business law covers multiple areas of business in Myrtle Beach, South Carolina. Business owners require laws protecting the business and the formation of the business. Owning a large or small business includes many responsibilities for the business owner. The rights...
Incorporate your family while developing a business
Starting a business in South Carolina involves being a smart manager and planner. One of your responsibilities is to decide how your family members will receive the most benefits from your business and protect their assets and liabilities. You might want to...
Pick the right structure for your business
Starting a business requires a lot of work to develop a viable idea and market it properly. There's another issue entrepreneurs in South Carolina need to consider when starting a business: the legal structure they want the company to take. Types of business structures...
Three legal considerations for every new business owner
Are you thinking about opening a business in South Carolina? If so, it's important to prepare for this process. Unfortunately, many people who lack legal and business knowledge find themselves soon closing the doors of their new companies. You can help prevent this...