Columbia Southern Best Business Structure When Starting a Business Discussion

Question Description

I’m working on a accounting writing question and need a sample draft to help me learn.

Assume that you are planning on opening your own new business. Now, consider the structure of a corporation and the financial implications of incorporation. If you were to start this new business venture, what factors would you need to take into consideration to determine if you want to incorporate or not? Explain your rationale, detailing the specific effects or ramifications for your particular business.