When you go into business, you may hear a lot of acronyms being thrown around. One of these acronyms is “DBA.” I wanted to talk about DBAs because there’s some confusion about whether a DBA is a separate business entity and whether you need to get a DBA in the first place. I’ve even had clients tell me that banks insist that they get a DBA before opening a bank account--you don’t need a DBA for this! A DBA stands for “doing business as.” It’s also called a “fictitious busines

Today’s post will be about the differences between S-Corporations (“S-Corps”) and C-Corporations (“C-Corps”). To illustrate why someone will choose a C-Corp, we will go over a case study of an actual client that decided to structure her company as a C-Corp. Knowing the differences between S-Corps and C-Corps can help you decide which is right for you. Similarities and Differences Between S-Corps and C-Corps S-Corps and C-Corps are both corporations. That means, they are forme