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.
Stambaugh was a city in Iron County in the U.S. state of Michigan. In the 2000 census, the city population was 1,243. Effective July 1, 2000, the city of Stambaugh and the village of Mineral Hills were both merged into the city of Iron River. The city was adjacent to Stambaugh Township, but was administratively autonomous.