Choosing
a Business Structure
Many
factors must be considered when choosing the best
form of business ownership or structure. The choice
you make can have an impact on multiple aspects
of your business, including taxes, liability,
ownership succession, and others.
In
this section of the website, I've listed a number
of resources you can use to start planning the
success of your Internet business:
Forms
Of Ownership - The pros and cons of
different types of ownership, including sole
proprietorship, partnering, corporations, and
limited liability companies.
Basic
Structures - Brief descriptions of common
business ownership structures.
Special
Structures - Some structures are only
available in some states.
Business
Structures - If one of your employees
causes an accident, can an injured person sue
you and take your house, car, or savings account?
Are you paying more taxes than you should on
your business income? These are important questions
that many small business owners ignore, yet
the answers depend on the business' legal structure.
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