As we noted in our last post, there are four main business structures to choose from when starting a business in Texas. How do you decide which one is best for your business? According to the IRS, no structure is any better than the other, however, there are significant benefits and disadvantages to each one which will vary based on your needs. Working with an experienced business attorney will ultimately help you to determine how to establish the correct structure. Here are some things to … [Read more...]
Selecting a Business Structure in Texas
September 25, 2014 by
Before starting a business, it’s important to determine the organizational structure. The structure you choose will not only affect your overall business strategy, but will also dictate taxes and other liabilities. There are numerous financial implications to consider with each business structure; therefore it is recommended that you consult with an experienced business attorney in order to determine the best structure for your business. In Texas, there are four main business structures to … [Read more...]