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Legal Focus

 
Archive by tag: Sole ProprietershipsReturn

Structuring Your Business to Provide Personal Protection

When creating and operating a business, owners must decide how they want their business to be structured. Two factors that should go into every decision regarding the structure of a business are liability protection and tax implications. Liabilit protectiosn protects owners of a business from being liable for the debts and liabilities of the copmany and keeps creditors form pursuing personal assets.
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