No. No. No. No. After reading it, it's has taken me a couple days to respond to the piece about the horrors of yoga pants that the NYT had the err in judgment of publishing. I didn't know what to say or how I wanted to say it. I just knew I was upset. Really, really upset.
Then I realized that what I had to say was really quite simple. No, Ms. Jones. Absolutely not. Wearing sweatpants is not the answer. And yoga pants are not the problem. You, my friend, are the problem.
You say it yourself, “It's not good manners for women to tell other women how to dress." And yet, here you are. The thing is. I know why you are saying it. And that, perhaps, is what has kept me from being able to write. You don't feel like you look hot in yoga pants. Don't bother to protest. I get it. You're right, lots of women look really hot in yoga pants and it's a tough act to follow.
But you know what? That's ok. You don't have to wear them. Ever. Seriously. But that doesn't mean for a second that I should give them up. I happen to look pretty damn good in yoga pants. I look pretty damn good in sweatpants for that matter. Or at least I think I look good. And that's the point - that is all that matters. Great looking exercise gear that makes me feel like I look, well, great and that makes me feel confident about my body and it makes me want to take care of it by exercising.
Honestly, I feel sad if looking grubby in your “towels with waistbands" as you refer to them is what you actually, authentically, truly want for yourself. But if that's how you feel and that is how you WANT to feel, well, then have at it. Far be it from me to keep you from what you feel is your appointed attire.
Here's the thing, my dad told me many, many years ago that if someone takes issue about something about me that in no way affects them, then they aren't really taking issue with me. The issue they have is with themselves. When I was 12 he would say, “They're just jealous." When I was an adult he would say, “They don't feel good about themselves. They don't feel like they can wear or do what you're wearing or doing. So they see belittling you as their only option."
If you were really talking about sweatpants, Ms. Jones, you wouldn't have spent so very many precious words on putting me and my fellow yoga pants wearing women down. You would not have wasted so many words on how silly and expensive they are. The lady doth protest too much for sure.
If you can't afford Lululemon, I'm not judging you. Don't buy it. If you don't look hot or feel confident in yoga pants, I'm not judging you. Don't wear them. But keep your opinions off my yoga pants and your judgments off of my body.
And let me be very clear here - No one has the right to lay a hand on me or to catcall me or to look at me in a way that makes me feel uncomfortable or threatened. But do I want to feel that I am attractive? Uh, yeah. And so do you Ms. Jones.
What you are really asking for here is for other women not to be so damn hot. “It's not fair," I imagine you saying as you stomp your foot and pound your fist on the air. You know what? It's not fair. There are all kinds of hot women out there being hot. And it doesn't matter if you don't feel like you are as hot as they are. If you feel like you can't compete. You, Ms. Jones, are hot shaming them and age shaming me. I am 47 years old and I have earned the right to wear whatever the heck I want.
Even the drawing that was run with your piece ultimately makes fun of you, I'm afraid. All of the women in class are focused on their downward dog. Except for you. You're too worried about your lumpy sweatpants. The thing is, yoga pants make me worry less about how I look when I work out. I don't have to worry that a drawstring will come undone or an elastic waist will drop or that there might be a clear view to heaven up through the wide legs of my sweats.
Sweatpants are for hanging around the house. Sweatpants are for cozy nights on the couch with my kid. Sweatpants are for wearing over my yoga shorts on the way to yoga when it's cold outside. Sweatpants are not for public consumption as far as I'm concerned. But I would never considering wasting public space, especially that hosted by the beloved and usually insightful and intelligent New York Times to tell other women not to wear them.
Let me give you a little piece of advice, Ms. Jones. Do not EVER tell other women what to wear. Ever. Whenever you speak or write, it is imperative that you are aware of what you are saying about yourself and about women at large when you make such sweeping demands. You have revealed your insecurities and you have infantilized women. We're not babies. We don't need you telling us what to wear. We get enough of that already from all around. From every angle. Every day. From every magazine and man. Et tu, Ms. Jones?
Yoga pants make me feel good. They lift me and tuck me in all the right places. They make me feel great when I look in the mirror at barre class. Of course I care how I look. So do you. Believe me, more than I do, in fact. Wearing yoga pants means I don't have to waste a lot of energy worrying about how I look because I know I look good.
You, instead, are wasting a lot of time begging other women to not make you have to look good. Thing is, we don't care. We truly do not care. You go girl. You wear your sweatpants loud and proud. But do it for yourself. By yourself. And don't act like it's some political statement. The only statement your making with this piece is that you want the bar lowered so you don't have to reach so high. I am here to tell you, the bar is arbitrary and ever-changing, so let it go. And keep your hands off my Lululemon.
Business entities can be defined as the corporate, tax and legal structures which an organization chooses to officially follow at the time of its official registration with the state authorities. In total, there are fifteen different types of business entities, which would be the following.
- Sole Proprietorship
- General Partnership
- Limited Partnership or LP
- Limited Liability Partnership or LLP
- Limited Liability Limited Partnership or LLLP
- Limited Liability Company or LLC
- Professional LLC
- Professional Corporation
- Nonprofit Organization
- Cooperative Organization
As estates, municipalities and nonprofits do not concern the main topic here, the following discussions will exclude the three.
Importance of the State: The Same Corporate Structure Will Vary from State to State
All organizations must register themselves as entities at the state level in United States, so the rules and regulations governing them differ quite a bit, based on the state in question.
What this means is that a Texas LLC for example will not operate under the same rules and regulations as an LLC registered in New York. Also, an LLC in Texas can have the same name as another company that is registered in a different state, but it's not advisable given how difficult it could become in the future while filing for patents.
To know more about such quirks and step-by-step instructions on how to start an LLC in Texas, visit howtostartanllc.com, and you could get started with the online process immediately. The information and services on the website are not just limited to Texas LLC organizations either, but they have a dedicated page for guiding fresh entrepreneurs through the corporate tax structures in every state.
Sole Proprietorship: Default for Freelancers and Consultants
There is only one owner or head in a sole proprietorship, and that's what makes it ideal for one-man businesses that deal with freelance work and consulting services. Single man sole proprietorships are automatic in nature, therefore, registration with the state is unnecessary.
Sole proprietorships are also suited to a degree for singular teams such as a small construction crew, a group of handymen, or even miniature establishments in retail. Also, this puts the owner's personal financial status at jeopardy.
Due to the fact that a sole proprietorship entity puts all responsibilities for paying taxes and returning loans, it directly jeopardizes the sole proprietor's personal belongings in case of a lawsuit, or even after a failed loan repayment.
This is the main reason why even the most miniature establishments find LLCs to be a better option, but this is not the only reason either. Sole proprietors also find it hard to start their business credit or even get significant business loans.
General Partnership: Equal Responsibilities
The only significant difference between a General Partnership and a Sole Proprietorship is the fact that two or more owners share responsibilities and liabilities equally in a General Partnership, as opposed to there being only one responsible and liable party in the latter. Other than that, they more or less share the same pros and cons.
Registration with the state is not necessary in most cases, and although it still puts the finances of the business owners at risk here, the partnership divides the liability, making it a slightly better option than sole proprietorship for small teams of skilled workers or even small restaurants and such.
Limited Partnership: Active and Investing Partners
A Limited Partnership (LP) has to be registered with a state and whether it has just two or more partners, there are two different types of partners in all LP establishments.
The active partner or the general partner is the one who is responsible and liable for operating the business in its entirety. The silent or investing partner, on the other hand, is the one who invests funds or other resources into the organization. The latter has very limited liability or control over the company's operations.
It's a perfect way for investors to put their money into a sector that they are personally not experienced with, but have access to people who do. From the perspective of the general partners, they have similar responsibilities and liabilities to those in a general partnership.
It's the default strategy for startups to find funding and as long as the idea is sound, it has made way for multiple successful entrepreneurial ventures in the recent past. However, personal liability still looms as a dangerous prospect for the active partners to consider.
Limited Liability Company and Professional LLC
Small businesses have no better entity structure to follow than the LLC, given that it takes multiple good ideas from various corporate structures, virtually eliminating most cons that are inherent to them. Any and all small businesses that are in a position to or are in requirement of signing up with their respective state, usually choose an LLC entity because of the following reasons:
- It removes the dangerous aspect of personal liability if the business falls in debt or is sued for reparations
- The state offers the choice of choosing between corporation and partnership tax slabs
- The limited legalities and paperwork make it suited for small businesses
While more expensive than a general partnership or a sole proprietorship, a professional LLC is going to be a much safer choice for freelancers and consultants, especially if it involves risk of any kind. This makes it ideal for even single man businesses such a physician's practice or the consultancy services of an accountant.
B, C and S-Corporation
By definition, all corporation entities share most of the same attributes and as the term suggests, they're more suited for larger or at least medium sized businesses in any sector. The differences between the three are vast once you delve into the tax structures which govern each entity.
However, the basic differences can be observed by simply taking a look at each of their definitive descriptions, as stated below.
C-Corporation – This is the default corporate entity for large or medium-large businesses, complete with a board of directors, a CEO/CEOs, other executive officers and shareholders.
The shareholders or owners are not liable for debts or legal dispute settlements in a C-Corporation, and they may qualify for lower tax slabs than is possible in any other corporate structure. On becoming big enough, they also have the option to become a publicly traded company, which is ideal for generating growth investments.
B- Corporation – the same rules apply as a C-Corporation, but due to their registered and certified commitment to social and environmental standards maintenance, B-Corporations will have a more lenient tax structure to deal with.
S-Corporation – Almost identical to a C-Corporation, the difference is in scale, as S-Corporations are only meant for small businesses, general partnerships and even sole proprietors. The main difference here is that due to the creation of a pass-through entity, aka a S-Corporation, the owner/owners do not have liability for business debt and legal disputes. They also are not taxed on the corporate slab.
Cooperative: Limited Application
A cooperation structure in most cases is a voluntary partnership of limited responsibilities that binds people in mutual interest - it is an inefficient structure due to the voluntary nature of its legal bindings, which often makes it unsuitable for traditional business operations. Nevertheless, the limited liability clause exempts all members of a cooperative from having personal liability for paying debts and settling claims.
This should clear up most of the confusion surrounding the core concepts and their suitability. In case you are wondering why the Professional Corporation structure wasn't mentioned, then that's because it has very limited applications. Meant for self-employed, skilled professionals or small organizations founded by them, they have less appeal now in comparison to an LLC or an S-Corporation.