For a person like me who is thinking of starting a small business, the first major decision that needs to be made is about the choice of business structure. There are various business structures available to entrepreneurs, but as Fontana (2010) states, every structure has its benefits, demerits, tax structures, and features. The kind of structure I will select for my business will have great impact on my ability to raise funds, operate the business, and enjoy my legal rights. In this light, it is imperative for me to take into account factors such as…….
The post Ownership Structures
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