How to Choose the Right Entity

Which entity

Which type of entity is right for you? There are four types of entities and the one you choose can either work for you or against you. Let’s take a good look at some of the more important pros and cons associated with each entity type. 1) Sole ProprietorshipThis is the most common business structure. It’s easy to form and it offers owners complete control. The downside?  The owner is personally responsible and liable for all financial obligations of the business. If you get sued … [Read more...]