Setting up llc9/7/2023 ![]() However, these advantages come at the cost of simplicity, as well as the ease of setting up. It also comes with other additional perks, such as tax benefits. ![]() Unlike partnerships and sole proprietorships, an LLC is a separate entity that minimises the risk carried by you, the owner. One such ownership model is a limited liability company (LLC), a highly flexible and resilient legal structure. Therefore, as a small business owner, you will need to make a choice – one that will ultimately depend on a variety of factors, such as the type of business you operate, the number of partners involved, the amount of capital available, and your level of entrepreneurial experience. There are several kinds of business ownership available to the aspiring entrepreneur, each with their own array of strengths as well as weaknesses.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |