Published On Aug 23, 2023
What are the pros and cons of different business structures? This comprehensive video will delve into the various business structures available to entrepreneurs. We'll thoroughly examine the advantages and disadvantages of each structure, providing you with a complete understanding of their implications for your business.
🔑 Key Insight "We are really talking about active business, so when you hear me talking about the different entities, understand…" 3:58
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No matter which business structure you ultimately select, it's essential to comprehend the unique benefits and drawbacks associated with each one. This video aims to empower you with the knowledge needed to navigate the complexities of business structures confidently. From Sole Proprietorships to S corporations, we got you covered.
Whether you are just starting your entrepreneurial journey or contemplating a change in your current business structure, this video is designed to keep you in mind. Learn how each structure can impact your business and discover the one that best fits your business needs.
After watching this video, you'll understand the different business structures at your disposal. Armed with this knowledge, you'll be well-positioned to make an informed decision that aligns with the goals and aspirations of your business.
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Show Notes:
0:00 Intro
0:24 Planning Map
4:36 Entity Types
6:10 Sole Proprietorship
14:33 Partnerships
19:31 S-Corp
32:15 C-Corp
40:04 Outro
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Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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