Thank you for the opportunity to help you with your question!
Starting a business is usually not very hard to
anyone but maintaining it such that it can make constant flow of income is the
hardest thing. Before choosing the form of a start-up, one of the main
important things to consider is the tax obligations. This is so
because each form of business has its own tax obligation in any country since
there are different tax structures for different forms of businesses. Another important
issue to consider is owner’s liability. It is very important to ensure that the
liability of the business is as limited as possible in order for the owner to
avoid unnecessary liabilities. Moreover, the ease of use of the organization is
quite important. There is no need to start a business which you will not be involved
in as this will be a clear recipe for failure. Another very important aspect to
consider is the opportunity of the business to grow. One should consider the changing
environment and start a business which will be flexible enough in order to overcome
Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 4th, 2015
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