Getting a business up and running is hard enough. There are lots of decisions to be made about how many people to hire, how much money the business needs to make to support you and your family, how you’ll market your product or services.
Those things are challenging, but they’re also part of the reason you got into business in the first place. On the other hand, deciphering what it means to declare yourself an LLC or a Corp or a Partnership probably wasn’t a motivating factor.
More likely, these different business entities probably just caused confusion.
So SurePayroll, which works with small business owners across the country on payroll and payroll taxes, created this infographic to break down which type of business entity is right for you.