Starting a new business involves a seemingly endless line of important decisions, from company name, to logo, to even the product or service you’ll be offering. Among these decisions, one of the most important (and often overlooked) is business structure.
The business structure is the legal form of your company. The three most common structures in the U.S. are the C Corporation, S Corporation, and LLC. As an entrepreneur, you need to carefully consider which is right for you. Do you need to avoid personal liability if your company is sued? Will you have a partner and/or investors? Do you want the business to pay its own taxes or carry the profit/loss over to your personal returns? And lastly, are you planning on VC funding?
To read the full, original article click on this link: What Corporate Structure Is Best for Startups Considering VC Funding?
Author:Nellie Akalp
