Bloomfield Hills is a city in Oakland County of the U.S. state of Michigan, 20.2 miles (32.5 km) northwest of downtown Detroit. As of the 2000 census, the city population was 3,940. Bloomfield Hills consistently ranks as one of the top five wealthiest cities in the United States with population between 2,500 to 9,999 — it currently is listed at the number four position and in 1990 it was ranked number two, and has the highest income of any city outside of California or Florida. The median income for a family is over $200,000. 49% of homes in Bloomfield Hills have a value of over $1,000,000.

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 Michigan

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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