JGabriel | Community Moderator |
12/19/2012 - 11:14 am
Hi Carol, the business structure you choose will have legal and tax implications. Learn about the different types of business structures and find the one best suited for your business here.
BizResearcher | Window Shopper |
12/19/2012 - 11:14 am
Every business has a legal structure. They are either a corporation, LLC,
partnership, sole proprietorship or some form of one of them. The first step
in creating a business is to register your name and entity type with your
state or county agency that registers businesses. Your legal entity type will
determine how you pay taxes, business ownership (corporations are owned by
the stockholders), how the activities of the business are governed and much
more. The information in your business plan will be determined by your legal
structure.
JGabriel | Community Moderator | 12/19/2012 - 11:14 am
BizResearcher | Window Shopper | 12/19/2012 - 11:14 am
partnership, sole proprietorship or some form of one of them. The first step
in creating a business is to register your name and entity type with your
state or county agency that registers businesses. Your legal entity type will
determine how you pay taxes, business ownership (corporations are owned by
the stockholders), how the activities of the business are governed and much
more. The information in your business plan will be determined by your legal
structure.
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