Professional corporations are owned and operated by one or more members of the same profession. Certain professions permit their members to operate through professional corporations, such as accountants, architects, dentists, engineers, lawyers, physicians, social workers and veterinarians. However, the services provided by the professional corporation are generally restricted to the practice of that profession. Physicians are limited to providing medical services to their pa

When individuals decide to form a band, they often do not consider or are even familiar with the business structures that might be available to them. By default, bands are considered partnerships. Or they may defer to a more formal structure by incorporating. If bands continue to operate as a partnership, they should consider formalizing a partnership agreement sooner rather than later. There are various considerations when it comes to drafting partnership agreements, which c