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5 Types of Legal Forms of Business

Posted By ivanpw 108 days ago on Business

http://feedproxy.google.com - One of the things that every entrepreneur struggles with is choosing from the several legal forms of business. Each of these legal forms of business has its own set of advantages.

Read this post to learn more about the five different business structures and their key characteristics. This will help you identify the right fit for your business.
Let’s get started.
The Five Legal Forms of Business That You Can Choose From
Here are the five basic legal forms of business, also known as business structures, that you can form to get started:
1. Sole Proprietorship
A Sole Proprietorship is a legal form of business or legal structure that is owned and run by a single person referred to as the sole proprietor.…
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