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The Basics of Business Entity Selection Fastfax #2054

Nov 21, 2006

When starting a new business, one of the most important decisions the owner makes is what type of business organization to adopt. There are many options designed to meet the needs of the variety of activities conducted in the business world. Each entity type has its advantages and disadvantages and careful evaluation of these nuances ensure smooth operation and maximum return on time and investment. What follows is a general comparison of several common types of business entities.

 

Topics and Keywords:
Starting a new business; Business entities; Business entity; Limited Liability; Sole Proprietorship; Partnership; Limited Liability Partnership; LLP; Limited Partnership; Limited Liability Companies; LLP; Corporations; S-Corporations

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