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The right business structure can protect you from liability support your business goals and save you money at tax time But how do you choose Here s a quick guide to some of the most common business structures
There are several different business forms also called business structures legal entities or legal structures each with its own advantages and disadvantages This article provides information to help you choose a business form
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In the U S you can choose from four basic types of business structures Each type of legal entity has its pros and cons Sole proprietorship You 39 re automatically considered to be a sole proprietorship if you do business activities but don 39 t register as any other kind of business Stephens says