What’s the right way to start a small business? by Reed Richardson. Though many of today’s budding entrepreneurs are well versed in the latest technology and adept at leveraging social media, one age-old business question can often trip them up on the road to success: How much time and effort should be devoted to the small business when you’re just starting out? With seemingly more pressing concerns like product development, marketing strategy, and capital funding looming over a new...

In this four-part series, we examine the different ways to structure your small business, comparing the various advantages and disadvantages of each Part III - S Corporation By Reed Richardson The notion of a forming an incorporated business that would also enjoy many of the same pass-through tax advantages as a sole proprietorship or general partnership was what prompted the IRS to first create S corporations more than 50 years ago. At the time, S corporations were a fairly effective...