To help you prepare for your all-important discussions with your legal and financial advisors, the following is food for thought about some of the most popular business entity types.
Business entity basics1.
Pass-through tax simplicity—Business profits and losses flow through to the business owners’ individual tax returns, keeping tax filing simple, too.
Also, outside investors typically will not fund businesses that haven’t formally registered as a statutory business entity (e.g., LLC or corporation).
Also, outside investors typically will not fund businesses that haven’t formally registered as a statutory business entity (e.g., LLC or corporation). | To read full story, visit https://startuparound.com/read/1586043007.3944628/Business-Entity-Types-101:-Is-It-Time-to-Rethink-Your-Business-Structure??ref=audio_experience