BUSINESS SERVICES
BUSINESS SERVICES
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At Wilson PSL, we offer a full spectrum of services tailored to meet your unique needs. Our clients rely on us as trusted, strategic partners who understand their business inside and out.
For accounting, we choose QuickBooks Online—the industry leader known for its robust capabilities. This platform efficiently handles 100% of the accounting needs for virtually all small businesses. With seamless integration for time tracking, expense reporting, online bill pay, and more, it streamlines financial management, improving accuracy while saving time and money.
Though based in Fort Worth, TX, our cloud-based solutions allow us to serve small businesses nationwide.
Consider us an extension of your team—ready to support your success wherever you are!
Notary Services
With experience in handling confidential matters across personal, financial, banking, insurance, and business-related documentation, we provide professional notary services with accuracy and discretion. Our focus is to assist you on your schedule, ensuring a seamless and efficient process.
From LLCs and DBAs to Registered Agent services and Operating Agreements, we manage the essential documentation to allow you to focus on operating your business. Our personalized approach provides support throughout every stage of business setup and management, ensuring efficiency and compliance.
Corporation
A corporation is a legal entity that meets specific requirements to be recognized as separate from its owners. Corporations are owned by shareholders who share in the profits and losses generated through business operations. Key characteristics include: (1) Legal existence—similar to an individual, a corporation can enter into contracts, own property, sue, and be sued; (2) Limited liability—shareholders' liability is limited to their investment in the corporation, unless personal guarantees are provided; (3) Continuity of existence—a corporation can continue beyond the lifespan of its owners through the transfer of shares.
Limited Liability Company (LLC)
An LLC is a hybrid business structure that combines features of both corporations and partnerships or sole proprietorships. Members of an LLC are not personally liable for the company's debts or liabilities. LLCs benefit from pass-through taxation, similar to partnerships, while offering limited liability protection. However, LLCs may have certain limitations, such as needing to be dissolved upon the death or bankruptcy of a member, unlike corporations which can exist indefinitely. Additionally, LLCs may not be suitable for businesses planning to become publicly traded.
Sole Proprietorship
A sole proprietorship is an unincorporated business owned by a single individual. This structure is characterized by minimal regulatory requirements and ease of setup, making it ideal for self-employed professionals, consultants, and small business owners. Often, business owners operate under their own names, without the need for a separate trade name. It is important to note that a sole proprietorship does not constitute a separate legal entity from its owner. As a result, the owner is personally responsible for all liabilities incurred by the business, including debts. Conversely, all business profits are directly attributable to and taxed as the owner’s personal income.
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