What type business corporation should I choose for my ne…

Engaging in a new business venture is daunting, and it involves many key decisions. One of the main decisions you will have to make is to select the type of corporation for your business. If you do not carefully select the type of your business, your business will either be treated as a sole proprietorship (single owner) or as a general partnership (multiple owners). A benefit of forming a solo proprietorship or a general partnership is that they are the easiest entities to form; however, they have a critical flaw – they do not provide a separation between the business entity and its owners. G

• Andrew Park 기자
• 2017-02-10 14:14