Wednesday, September 8, 2010

Business 101: Business Structure



Before truly considering what KIND of business to start you should consider the different types of business structures. There are :
Sole Proprietorships
Partnerships
Corporations
Subchapter S Corporations
Limited Liability Company (LLC)

All of these structures are different and may or may not fit with what you have in mind when starting your ventures. So it's best to take a look at what each structure has to offer then determine what's best for your future company.
You can read a very detailed description of each structure at the US Small Business Association.
There are a wide array of articles and helpful information that should aid in your new journey toward business ownership!

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