Set Up Your Company Structure

If you’re bitten by the entrepreneurial bug and ready to strike out on your own, the sole proprietorship is the quickest and easiest way to get into business for yourself. It typically requires few if any legal documents and minimal record keeping. Proprietorships typically operate under the name of the owner. But if you prefer to do business under another name, that works too. Depending on the type of company you are starting and your appetite for liability and taxes, you may also choose to incorporate or set up a partnership.