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Franchise Application Form Supplemental Arkansas Racing Dfa Arkansas

Franchise Application Form Supplemental Arkansas Racing Dfa Arkansas

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- [Narrator] A corporation is a type of formal business structure that is more complicated than an LLC, but offers benefits that LLCs do not. Corporations are great if you're looking to raise money from venture capital or looking to list on a stock exchange. Corporations are also able to more efficiently carry money over between tax years. Arkansas is home to six Fortune 500 companies. Out of the largest employers in Arkansas, 62% of those are corporations, employing a combined total of more than 93,000 people in the state. If you are starting a business and not sure which business structure is best for you, check out our other video, Choosing the Right Business Structure for your Business, linked below. There are two ways to form a corporation. You can form one yourself, or you can hire a service to do it for you. In this video, we will look at both options and help you decide how to go about forming your own corporation. (bright piano notes) Remember, this video is not legal

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