14 min

E99 Chapter 5 Part 2 So You Want to Start a Business with Ingrid Thompson

    • Entrepreneurship

The Book So You Want to Start a Business; the 7 step Guide to Create, Start and Grow your own Business is read by Ingrid Thompson
Chapter 5 helps you understand some of the legal and compliance aspects of getting started in you own business.
In this Part 1 we cover the business structures available in the US and provide a brief description of each:
Sole Proprietorship
Partnership
C Corporation
S Corporation
Limited Liability Corporation (LLC)
We ask "What type of business structure will work best for you?"
We also mention Employer Identification Number EIN and 
Sales Tax
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
Of course this is information provided and not seen as advice. Before making any solid decisions we always recommend you check with lawyers and / or accountants regarding your personal situation and circumstances.
If you are in Australia and want to buy a copy of the book head to my website www.healthynumbers.com.au or wherever you buy your books
For everywhere else in the world head to wherever you buy your books.

The Book So You Want to Start a Business; the 7 step Guide to Create, Start and Grow your own Business is read by Ingrid Thompson
Chapter 5 helps you understand some of the legal and compliance aspects of getting started in you own business.
In this Part 1 we cover the business structures available in the US and provide a brief description of each:
Sole Proprietorship
Partnership
C Corporation
S Corporation
Limited Liability Corporation (LLC)
We ask "What type of business structure will work best for you?"
We also mention Employer Identification Number EIN and 
Sales Tax
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
Of course this is information provided and not seen as advice. Before making any solid decisions we always recommend you check with lawyers and / or accountants regarding your personal situation and circumstances.
If you are in Australia and want to buy a copy of the book head to my website www.healthynumbers.com.au or wherever you buy your books
For everywhere else in the world head to wherever you buy your books.

14 min