What is a corporation? Learn the types of corporations, corporate form, and the main advantages plus disadvantages of corporations, including...
Anonprofit corporationis a not for profit entity that is registered at the state level as a nonprofit corporation. The nonprofit corporation can register for tax-exempt status with the IRS as a 503(c). AC corpis a corporation that is taxed as a default corporation with the IRS. This type ...
Definition:A corporation is a legal form of business that is separate from its owners. In other words, it’s a business that is a separate legal entity from its shareholders. The basic corporate structure consists of the shareholders, board of directors, and officers. The shareholders are the...
A private company is a business entity whose shares are not publicly traded on a stock exchange and are owned by a limited number of individuals or entities.
Definition:A business is an organization or entity that sells goods or services for a profit. The important part of this definition is that a business is something that operates in order to make a profit. Not all businesses actually are successful enough make a profit, but their main purpose...
Public cloud is a term for cloud computing services offered over the public Internet and available to anyone who wants to purchase them.
What is a corporation? Learn the types of corporations, corporate form, and the main advantages plus disadvantages of corporations, including...
Definition and examples B2B, which stands forbusiness-to-business, is a way of doing commerce, specifically companies doing business with other companies. It refers to the exchange of products or services among companies. We can use this term to describe both traditional and online commerce. Howev...
An S corp (or S corporation) is a business structure that is permitted under the tax code to pass its taxable income, credits, deductions, and losses directly to its shareholders. That gives the S corp certain advantages over the more common C corp. The S corp is available only to small...
C corps can be compared withS corporationsandlimited liability companies (LLCs), which also separate a company's assets from its owners, but with different legal structures and tax treatment. A newer type of organization is the B corporation (benefit corporation), which is a for-profit firm ...