In general, there are three principal considerations when choosing a business structure: (1) liability, (2) management, and (3) taxation. Unfortunately, the laws that affect some of these considerations – in particular, liability and management – vary significantly from state to state and are not uniform across the country. As a result, the information that follows regarding corporations, general partnerships, limited partnerships (LP), limited liability companies (LLC) and sole proprietorships is general.
Business Structures: The Facts & Figures - Attorneys, Cook & Cook
Posted by swc under StartupsFrom http://cooklaw.co 3655 days ago
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