There are several different types of legal set-ups for you to choose from. Each have their own set of rules, advantages, and disadvantages. Here is a quick overview of business structures you can choose from. * Sole proprietorship. You should only have this type of business if it is just you that is running your business and is responsible for its success or failure. That doesn’t mean you can’t hire
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There are several common legal structures that you can set your business up under. Which one you chose is going to depend on what kind of business you are setting up, who else is involved in this plan with you, your own personal preferences, among several other factors. Here is a quick overview of your options. Sole Proprietorship This is still the most common type of business structure, particularly for