Wednesday, October 5, 2011

The Factors That Entrepreneurs Should Consider Before Choosing a Form of Ownership


The factors that an owner should consider before choosing a form of ownership can be rather extensive. Taxes are one of the most important factors because they can greatly effect the bottom line of a business. Liability exposure and capital requirements are also one of the major factors to take into consideration when decided what type of business you are forming. Others include the amount of control the owner wishes to have, management ability, goals, succession plans for management, and the cost of formation.


No comments:

Post a Comment