Sole proprietorship? Corporation? Partnership? LLC? Find out about the key attributes of each of these options, along with their pros and cons.
Adopting the best legal structure for your business is one of the most important steps an aspiring entrepreneur can take. In fact, it’s right up there with deciding whether or not you want partners and investors (and what color those business cards should be).
This concise, easy-to-read Nolo eGuide presents the various ways to organize your business. Sole proprietorship? Corporation? Partnership? Limited liability company? Author Stephen Fishman defines and discusses the key attributes of each of these options, along with their advantages and disadvantages.
Learn about important variables such as:
- audit risks
- tax benefits
- interest-free loans
With this information in hand, you’ll be able to carefully choose the entity that best matches your needs.
Written especially for people running a one-person (or very small) service business, this eGuide gives you just what you need to make an informed decision about your business’ structure — and future.