Choice of Entity

Every entrepreneur and business owner needs to consider what type of business entity is right for his or her business. There are myriad factors that may go into making such a decision, including the type of entity governance required and the tax impact. With over a half dozen commonly used entities in nearly every state, including corporations, LLCs, limited partnerships, and limited liability partnerships, advice on this subject may be crucial to the future of your business. This article discusses the options and gives practical tips.

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