How To Structure Your Business
So, you’ve taken that huge first step and decided to start a business! Now what? Should you register your business? Is there an opportunity to be a sub-contract worker? Is there a chance that you could be part-time? If not, you could structure your business in any one of a variety of ways, each with its own advantages and disadvantages regarding:
- Government
- Taxation
- Partnerships
- Closing/opening
- Other things that entrepreneurs don’t expect
Research your options carefully to ensure you choose the business structure that will work best for you.
Topic Objective: To review the cost-benefit of each available business structure.
Your Outcome: A decision about the best business structure for your business.
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