Sheffield is a village in Bureau County, Illinois, United States. The population was 946 at the 2000 census. It is part of the Ottawa–Streator Micropolitan Statistical Area. Sheffield was founded by Joseph E. Sheffield and Henry Farnam in 1852. Sheffield and Farnam constructed the Chicago and Rock Island Railroad, and the town site was intended as a coaling station for trains. According to Farnam, he and Sheffield flipped a coin to see for whom the town would be named. A monument to Joseph E. Sheffield, and the Rock Island Railroad stands today in Sheffield's town square.

What is business organizations?

Involves advising business owners on start-up considerations and legal structure options -- such as sole proprietorships, partnerships, corporations, limited liability companies (LLCs), and non-profit organizations -- and handle the formation of new business entities and filing of all necessary documents (i.e. articles of incorporation). Major factors affecting how a business is organized may include the size and scope of the business, the sector and the country, limited liability, tax advantages, and disclosure and compliance requirements.

Answers to business organizations issues in Illinois

A business may be conducted in a number of different forms. Those forms consist of a sole proprietorship, a...

As long as you and close associates and family members...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

A nonprofit corporation is a group of people who join...

Here are some circumstances that might make it worth your while to incorporate and get tax-exempt status:

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