14 minutes | Sep 2nd 2019

E99 Chapter 5 Part 2

The Book So You Want to Start a Business; the 7 step Guide to Create, Start and Grow your own Business is read by Ingrid Thompson

Chapter 5 helps you understand some of the legal and compliance aspects of getting started in you own business.

In this Part 1 we cover the business structures available in the US and provide a brief description of each:

Sole Proprietorship

Partnership

C Corporation

S Corporation

Limited Liability Corporation (LLC)

We ask "What type of business structure will work best for you?"

We also mention Employer Identification Number EIN and 

Sales Tax

https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online

Of course this is information provided and not seen as advice. Before making any solid decisions we always recommend you check with lawyers and / or accountants regarding your personal situation and circumstances.

If you are in Australia and want to buy a copy of the book head to my website www.healthynumbers.com.au or wherever you buy your books

For everywhere else in the world head to wherever you buy your books.

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