What Type of Business Should I Start at the age of 19?


You can register your business as an Assumed Name, Corporation, Limited Liability Company, Limited Partnership or a General Partnership.

 

  • Assumed Name-is a simplest business structure, but you will not be well protected by any claims or lawsuits by the vendors.
  • Other than the Assumed Name Registration will give you some protection for your personal assets but there is some fixed annual cost is associated to maintain.

 

You can use few following links to decide the best structure for your business.

 

infotaxsquare.com

https://www.infotaxsquare.com/download-forms.html



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