Business Essentials: LLC, Corporation, or Sole Proprietor? Choosing the Right Structure
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The business structure you choose influences everything from the distribution of profits, to taxes, to how much of your personal assets are at risk. Choosing a structure that provides the right balance of complexity and benefits is key to starting your business. Join WBDC business advisor Pat Klapper as she reviews the pros and cons of common business structures – sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Pat will also review the process and benefits of converting from an LLC to an S-Corp.