Friday, November 1, 2013

What form of business ownership should you choose and why? and IMG_1667_1600x1067

What form of business ownership should you choose and why?



Let us assume you and ten of your friends are going to open and invest in a business. You do not want to pay double taxation on the profits. You want a type of ownership where profits must be distributed based on how much each person has invested in the business. You also want to protect your personal assets from lawsuits as a result of operating the business.


Taxation best answer:

Answer by threeplusonedollarbills
Always remember that too many cooks spoil the broth.


Taxation

IMG_1667_1600x1067
Taxation

Image by Les_Stockton



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