CHOOSE A STRUCTURE
Build with the Right Foundation
When you're ready to turn your side hustle into a business, one of the first tasks you'll need to tackle is deciding your business structure.
SOLE PROPRIETOR
A person who is the exclusive owner of a business, entitled to keep all profits after taxes have been paid, but liable for all losses.
PARTNERSHIP
A legal form of business operation between two or more individuals who share management and profits.
LLC (LIMITED LIABILITY COMPANY)
A limited liability company (LLC) combines the elements of a partnership, sole proprietorship and a corporation.
CORPORATION
A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
PICK A NAME
Learn how to choose a catchy and memorable business name
CHECKS & BALANCES
Before diving into action, do a self analysis with these tips and checkklists
UP NEXT
Learn more about what's needed to start a private label business