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Learn about the triad of documents necessary for any type of company to run, plus go a little deeper into helpful explanations to avoid some common confusions.

DBAs, also known as Doing Business As, fictitious name, or an assumed name; is a nickname for your business. It is not a business entity type, but any business entity type can have one or more.

Corporations are arguably the oldest and most common entity type. The main reason to go with a Corporation is if you're expecting significant investment or planning to IPO your company. Let's discuss the inner workings of a Corporation along with advantages and disadvantages.

An LLC is one of the options that you have for forming a separate business entity for your company and LLCs are popular because they're easy. LLCs also have a lot of flexibility compared with the other types of entities you might consider, like a corporation or a limited partnership. We discuss the pros and cons of this type of business entity.

A sole proprietorship is just a fancy way of saying a person is doing business as an individual. If a carpenter went out and just started doing woodwork for people without setting up an LLC or Corporation, that person is just a sole proprietor. We discuss the pros and cons to this type of business.

A business entity is almost considered as its own imaginary separate person that a state government allows you to create. Learn about the different types of business entities that state government's support.