Business Entity Planning Worksheet Style 70

If you want to sell your sole prop business you could sell your assets, your intellectual property, your client accounts, and any trademarks you own, or you could form a legal separate entity (like an LLC, described below) and then sell that. There's no one best business entity choice for all small businesses, but there is a best option for your small business right now. Use the tips above to figure out what that is. Your choice of business entity is a very important one. It can affect how people perceive your business and has a big impact on your legal exposure and finances. There's no one best business entity choice for all small businesses, but there is a best option for your small business right now. Use the tips above to figure out what that is.

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