Choose the Best Legal Entity for a One-Person Business
Stephen Fishman, J.D.
, 7th Edition
This easy-to-read Nolo eGuide presents the various ways
to organize your business. Sole proprietorship? Corporation?
Partnership? LLC? Find out about the key attributes of each of these options,
along with their pros and cons. Learn about important variables such as:
Adopting the best legal structure for your business is one of the
most important steps an aspiring entrepreneur can take. In fact,
it's right up there with deciding whether or not you want partners
and investors (and what color those business cards should be).
This concise, easy-to-read Nolo eGuide presents the various ways
to organize your business. Sole proprietorship? Corporation?
Partnership? Limited liability company? Author Stephen Fishman
defines and discusses the key attributes of each of these options,
along with their advantages and disadvantages.
Learn about important variables such as:
audit risks
tax benefits
interest-free loans
lawsuits
With this information in hand, you'll be able to carefully
choose the entity that best matches your needs.
Written especially for people running a one-person (or very
small) service business, this eGuide gives you just what you need
to make an informed decision about your business' structure -- and
future.
They're downloadable and fully searchable -- check out Nolo's complete list of eGuides.
Stephen Fishman is the author of many Nolo books, including Deduct It! Lower Your Small Business Taxes,Every Landlord's Tax Deduction Guide, Tax Deductions for Professionals, and Home Business Tax Deductions: Keep What You Earn--plus many other legal and business books. He received his law degree from the University of Southern California in 1979. After time in government and private practice, he became a full-time legal writer in 1983.