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.

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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.

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PARTNERSHIP

A legal form of business operation between two or more individuals who share management and profits.  

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LLC (LIMITED LIABILITY COMPANY)

A limited liability company (LLC) combines the elements of a partnership, sole proprietorship and a corporation.

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CORPORATION

A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

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PICK A NAME

Learn how to choose a catchy and memorable business name

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CHECKS & BALANCES

Before diving into action, do a self analysis with these tips and checkklists

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UP NEXT

Learn more about what's needed to start a private label business