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Business structure and paperwork

Business Startup Secrets > Business Startup Tips - Incorporating

Think about your tolerance for paperwork when choosing a business structure.

"A sole proprietorship is simple and elegant," Leonard DuBoff says. "There's almost no compliance." Business licenses and assumed--name certificates are all the red tape sole proprietors face in most jurisdictions.

State, local and federal regulation, compliance and filing requirements rise sharply when you set up a partnership, an LLC or a corporation.

On to Business Startup Tips - Business structure and tax issues...

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