Don't Start A Business Without This!
Choosing the right structure for your business is extremely important. What kind of business should you start? In today’s video, we go over how to choose the right business entity for your business in 2021. Business entities like a Limited Liability Company or LLC, Corporation, Sole Proprietorship, or Partnership. This is everything you need to know about structuring your business.
0:09 – Why is this important?
0:41 – Advantages of having a corporate structure or business entity.
2:38 – Disadvantages of having a corporate structure or business entity.
4:52 – Types of corporate structures.
6:13 – Sole Proprietorships
7:18 – Partnerships
7:59 – LLCs / Limited Liability Company
8:30 – Corporations
10:07 – Which Business Entity is right for you?
10:50 – Best States For Business & Worst States For Businesses
13:11 – Biden Tax Plan
Legal basics and business entity formation in this crash course on business and entrepreneurship!
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#SoleProprietorship #LimitedLiabilityCompany #Corporation #Partnership
#LeanStartup #BusinessEntity #BusinessEntitiesExplained