Purchase Solution

Business Entity formation and filing requirements

Not what you're looking for?

Ask Custom Question

I need to prepare a description of business entity regulations in the state of Illinois as they pertain to the healthcare system.

In the paper I need to:

Identify the business formation code(s) in Illinois.

Identify the address of Illinois corporation commission.

Describe the process for obtaining an "annual filing report" for a corporation currently registered in Illinois.

Purchase this Solution

Solution Summary

The response addresses the queries posted in 373 Words, APA References

Solution Preview

The response addresses the queries posted in 373 Words, APA References

Business Entity Regulations

At the time of starting a business, the Entrepreneur must be having a proper understanding of rules and regulations that have been formed by the state in which the business is intended to operate. If the Management or Owner of the business selects the right business entity, it would be helpful in minimizing taxes, reducing liability exposures and ensuring that the business would be financed and run in an effective and efficient manner. Different Business Entities are Sole Proprietorship, General & Limited Partnership, 'C' Corporation, 'S' Corporations and Limited Liability Company (LLC) (Business Entity Descriptions, n.d.). Different Businesses select one ...

Solution provided by:
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution


Free BrainMass Quizzes
Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.