There are many different types of business structures and deciding which structure works best for your business is one of the most important decisions you will make. The type of structure will have a direct impact on the taxes you will have to pay and will determine the amount of personal liability you will face regarding investments into your business. The most common types of Business Structures are: Sole Proprietorship; General Partnership, Limited Liability Cooperation, S Corporation; and C Corporation. Each of these structures has different characteristics intended to fit your specific business purpose. This Smith Firm will help you decide which structure is the right fit for your so that your operation will run efficiently while maximizing profitability and limiting liability.

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