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Business Organization

How Well Is Your Business Organized? The number one mistake I have seen small businesses make is to not pay attention to how they are organized. Failure to do so can have a significant impact on liability, taxes, and the ability to transfer the business by sale or inheritance. Small businesses have the option of operating as a sole proprietorship, partnership, c corporation, s corporation or limited liability company. Are you confused yet? A sole proprietorship confers no liability protection, […]

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