Be Entrepreneur- Do Great
When you’ve decided to start your own business and ready to get your feet in the dirt, you need to be incorporated as a business. Opening your own business is exciting, thrilling, and challenging at the same time.
The first phase is to get registered as a business; making the right decision about choosing a corporation type is the most important action. We have seen many examples where after a certain time period when people were in step to expand, they had to shut down an existing corporation due to its inappropriate entity type. If you think your business has fantastic potential then use that potential while it is there.
We, with our IRS Enrolled Agents, have expertise in evaluating the best entity type according to your scenario in all 50 states of America. We will have a detailed discussion about your goals, finances, nature of the business, human capital, and your own skills/expertise in order to give you the best fit.
Here are different types of entities:
- Self- Employed
- Single Member LLC- Pass-through Entity
- Multi-Member LLC
- C- Corporation
- Domestic or Foreign Corporation