The Visual MBA: Two Years of Business School Packed into One Priceless Book of Pure Awesomeness by Jason Barron

Author:Jason Barron [Barron, Jason]
Language: eng
Format: azw3
Publisher: HMH Books
Published: 2019-04-15T16:00:00+00:00

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Business Entities

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When starting a business it is important to know the positives and negatives of the various business entities before you choose one. Each one can have important implications regarding your exposure to liability and taxes. Here they are below:

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sole proprietorship

Simple and the most common among the entities. It is unincorporated and doesn’t make any distinction between the owner and the business. But with the simplicity comes some risk. Without a distinction between the owner and the business, your personal assets are at risk if someone decides to sue you.

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