What is the best structure for my business?
I am considering starting a small grocery delivery business. I would have only a few employees. I already understand the general liability and taxation advantages of both sole proprietors and LLC's (the 2 forms that I'm currently considering), but I'm wondering about specifics. Does a business like mine benefit from one of the two forms?
Taxation best answer:
Answer by zeuz
Slight benefit on asset protection in the LLC structure provided that you adequately capitalize the LLC.
Significant cost benefit on the sole proprietorship.
Taxation
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