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Important amendments to the Delaware's corporation and alternative entity laws go into effect on August 1, 2015.
The State of Delaware requires that all domestic and foreign-qualified Limited Partnerships list a General Partner in their formation papers.
A limited partnership allows great flexibility in managing the business and dividing the profits. There must be at least one partner with unlimited personal liability for the business debts.
Ryan Blair ViSalus CEO shares lessons that he learned on his journey from a troubled teenager to immensely successful entrepreneur.
Pass-through taxation and the ability to pay yourself salary and dividends make the S corporation an attractive choice for tax planning.