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Thursday, Dec. 22

Business Type – Overview, #101

There is no one legal structure that’s best for all small businesses. Whether you are better off beginning as a sole proprietor or choosing one of the more complicated organizational structures such as partnership, corporation or limited liability company depends on the business size, profitability of your business, how many people will own it and whether it will face liability risks not covered by insurance. In addition, as your business grows…

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