Chapter 15
Starting with the Right Legal Structure
IN THIS CHAPTER
Finding the right legal form for your business
Using the sole proprietorship
Choosing the partnership
Electing the corporate form
Looking for flexible forms
Selecting the best legal structure as your business grows
Choosing the legal form for your business is one of the necessary decisions you must make before you can launch the business. Changes in laws have given entrepreneurs more choices over the form of their organization. Your need for capital and protection from liability are just two reasons that understanding the options available to you is so essential.
Those changing laws are also a good reason for seeking the advice of an experienced attorney and CPA to make sure that you’re making the best choice for you and your type of business. This chapter gives you a solid background on what you need to think about ...
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