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What form of business ownership is best for a new business?

April 26, 2017best Business form ownership

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What form of business ownership is best for a new business?

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Answer The form of business organization you choose will depend on a variety of factors including your financial condition, the type of business you plan to start, the number of employees you will hire, the amount of risk involved, and your tax situation. You can learn more about each form of business ownership—sole proprietorship, partnership, corporation (C, S, and nonprofit), and limited liability company at the North Carolina Secretary of State’s Corporations Division website listed below. www.secretary.state.nc.