Category: Sport

October 1, 2021

Cooperative Finance Business

A cooperative (co-op) is owned by the same people it serves. Its offerings benefit the company’s members, also called user-owners, who vote on the organization’s mission and direction and share profits. Advantages that cooperatives offer include: Lower taxes. Like an LLC, a cooperative doesn’t tax its members on their income. Increased funding. Cooperatives may be eligible for federal grants that help them get started. Discounts […]

September 24, 2021

Factors to consider before choosing a business structure

For new businesses that could fall into two or more of these categories, it’s not always easy to decide which structure to choose. You need to consider your startup’s financial needs, risk and ability to grow. It can be difficult to switch your legal structure after you’ve registered your business, so give it careful analysis in the early stages of forming your business. Here are […]