Step 4: Select a Structure

in Forum: Selecting a Business for Yourself

Source of this discusssion: /steps/55/3754/4/1/select-business-structure.htm Page description: "To each his own," as the expression goes. The same holds true for business structures - there's no universally "right" structure for all businesses.

Post a new topic

« Prev Page of 2

May. 13 2008 at 10:41 PM
Posted by: SherylCPA “Quote Reply
In an LLC, the owners are referred to as members. In a partnership, the owners are called partners, and in a corporation, the owners are known as stockholders. Regardless of your business structure, people who you hire to work for you would be employees. Sheryl Schuff, CPA Get your free reports by clicking below: "The Six Most Important Things That Entrepreneurs Need to Know About Starting a Business, Keeping Records, and Paying Taxes" 7 tips you can use RIGHT AWAY to increase productivity
« Prev Page of 2