Launching Your Venture: A Guide to U.S. Business Structures

Launching Your Venture: A Guide to U.S. Business Structures 1. Sole Proprietorship The simplest structure, ideal for freelancers or side hustles. Ownership: Single owner. Liability: None. There is no legal separation between you and the business. If the business is sued or incurs debt, your personal assets (bank accounts, home) are at risk. Taxation: Income […]