BUSINESS STRUCTURE

Choosing the right business structure is an important part of starting your new business and it will likely be one of the first decisions you make. The business structure you choose will have an impact on your taxes, liability, ability to raise capital, ownership succession, and other factors.

In making this decision, it's important to seek professional advice from your attorney and accountant or other advisor, as the structure you choose will have long term implications on your business.

There are four basic business structures and the links below detail the positive and negative elements of each.

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