Monday, 4 July 2016

Types of business structures

 In a business structure  all the decisions you make when starting a business and the probably  of the most important. In business structure the  personal liability you face and your ability to raise money and this decision have an impact on how much you pay in taxes.

Following are the  types of business structure:


  • General Partnership
  • Limited Liability Partnership (LLP)
  • Sole Proprietorship
  • Limited Partnership
  • Limited Liability Limited Partnership (LLLP)Limited Liability Company (LLC)
  • Massachusetts Trust
                                    

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