What are the factors a business owner should consider when choosing a form of ownership, and why?
In American tax liabilities are different for each type of corporation. I am not an account but if you are doing a business that will pretty much be you and let’s say one other person with revenue less then 250k it is common to go with an LLC or S-corp. A C-Corp is more common for a larger company. IT IS WORTH A ONE HOUR MEETING WITH AN ACCOUNTANT TO DETERMINE THIS.
