Are you ready to launch your new business?
Have you thought about which legal structure to use for your business?
Knowing how to structure your business is the most important step and the first step to take. You must consider if you want your company to be a Sole Proprietorship, Partnership, Corporation or Limited Liability Company (LLC). Tax consequences and how much risk you are willing to take for your business will be important factors in making a decision.
All of these legal structures have their pros and cons. If you are not sure what they are, check out this article and learn what these are.