The first step is to decide on a business structure. The business structure (also called a business entity) you choose affects the way you file for taxes, your day-to-day operations, and how much your personal assets are at risk if your business fails. Because the business structure you choose affects so much, it’s important to do this first.
Here is a brief overview of some of the most common business structures.
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The first step is to decide on a business structure. The business structure (also called a business entity) you choose affects the way you file for taxes, your day-to-day operations, and how much your personal assets are at risk if your business fails. Because the business structure you choose affects so much, it’s important to do this first.
Here is a brief overview of some of the most common business structures.
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