Monthly Archives: October 2013

What Form Should Your Business Be (pt. 2)?

Flickr Pie Charts And Free Accounts

In my previous blog, I presented

 

In my September column , we looked at mistakes to avoid when forming a partnership. Many entrepreneurs, however, aren’t comfortable in remaining a sole entity and require a level of legal protection not afforded by a sole proprietorship.

That leaves a corporation or LLC as the next most viable option for a startup.



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What Form Should Your Business Be?

Flickr Pie Charts And Free Accounts

Basically, there are three forms that one can use to start a business:  a Sole Proprietor, a Partnership or a Corporation.  Of course,  there are variants to these forms.

Brad Sugars wrote a couple of articles for Entrepeneur magazine about this. This blog is about Partnerships, my next blog is on Corporations.…

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Posted in Business Best Practices
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