There are 5 main types of organizations that are founded. Each comes with positives and negatives and there’s really no perfect formula when we’re first starting out, but there are some triggers that force us to switch to various types of businesses. The ones we’ll cover in this article include the following:
- Sole Proprietorship
- LLC
- S Corporation
- C Corporation
- Nonprofit
The Sole Proprietorship
A Sole Proprietorship is an organization that is…
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