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Business owners often struggle with properly determining how to effectively and efficiently set up their overall business and tax structure. There are so many different terms out there, from “sole proprietorships” and “limited liability partnerships” to “corporations” and “limited liability… Read More
Posts Tagged ‘business structures’
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Sole Proprietorships: The Pros and Cons
Sole proprietorships are the most common type of small business structure. A sole proprietorship is perfect for the owner who wants full control of their business. However, there are some specific regulations and taxes that apply to sole proprietorships. Before… Read More
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Understanding the Types of Business Structures
One of the first decisions you will make as a small business owner is your choice of business structure. How you decide to label your business will affect your day-to-day business operations, how much you pay in taxes, and the… Read More