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Business structure

Business structure

Many people have this question about how many owners a sole proprietorship have? Well, the team at Bonsai will break it down for you for what it means to be a sole proprietor, how many members they have and the risks involved.

Business structure

If you are thinking about stepping into the world of entrepreneurship, let's talk about the benefits of sole proprietorship and why you should start off as one (or not). In this article, we'll talk about all the advantages this business type has.

Business structure

If you are looking to close an LLC, here's a step by step guide. We'll show you all the boxes you'll need to check in order to avoid fees, penalties and legal trouble. Follow this article step by step and you'll be fine.

Business structure

What does forming an LLC really cost? Well, it depends. In this article, we'll break down all the costs associated with starting an LLC such as business name, LLC fees, registered agent fees, etc.

Business structure

If you are an LLC owner, pay close attention. In this article, we'll walk you through all the different methods you can pay yourself for the year. We'll cover an owners draw and a reasonable salary.

Business structure

A sole proprietorship or a single member LLC? What are the differences? Well, in this article, we'll review the pros and cons of each so you know what the best decision is for your business.

Business structure

What are the requirements to make an LLC? Well, in this article, the team at Bonsai will break everything you need to know in order to start an LLC. From the requirements to the business name to the articles of incorporation.

Financial Management

Sole proprietorship vs LLC? Most freelancers need a little time to figure out the best structure for them, and that’s OK. Discover some insights on what might work best for you!

Business structure

if you are deciding on incorporating or creating an LLC, then read this article. We'll go over all the pros and cons of each business structure so you can make the best decision.

Business structure

Is there a difference between a sole proprietor and a self-employed person? Yes. Even though they are technically the same thing, there are some differences between a self-employed individual and a sole proprietor.

Business structure

What are the disadvantages of opening an LLC? In this article, we'll go over the pros and cons of opening up an LLC and why it may not be the best idea to create this business structure.