1. What Type of Business You Should Be Legally
Whether you have a business of one or 100, it can be best to incorporate in one way or the other. This can come with tons of tax benefits, legal protections, and more. But what should you choose? Six categories of corporations are available here in Houston alone and include:
- Sole Proprietorship
- General partnership
- Corporation
- Limited Liability Corporation
- Limited Partnership
- Limited Liability Partnership
A good bookkeeper can look over your finances, services, goods, and more to tell you which of the above fits you best. Even better, good bookkeepers can help you apply for and receive a valid business status for your state.