If you’re starting a business, you’ve probably heard there are good reasons to set it up as its own entity instead of running it as a sole proprietorship. Having a separate business entity goes a long way toward preventing business losses from affecting your personal assets, and there are tax advantages that may apply as well.
Posts tagged "startups"
Every business starts small, over even home-based. If it’s in operation, no company is too small to run into serious legal problems, and you need to take them seriously. That means choosing and forming the appropriate legal entity, developing written contracts, and setting up policies and procedures.