Startup basics: Choosing a business structure
By Isaiah O’Connor
Today’s podcast was inspired by my brother’s fiance, Megan Elisabeth. She is in the startup phase of her own business, making silk flowers, and you can check out her business out at www.facebook.com/MegsbyMeganElizabeth
We were talking about business structure and what you should pick. So I am going to go over the two types where there are no other partners involved and are relatively easy to start up. These are the Sole Proprietorship, and Limited liability company, or LLC for short.
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Isaiah O’Connor