Sole Proprietorship, Partnership, Limited Partnership, And Limited Liability Partnership Structures In Canada

Types of Business StructuresQuestion:Discuss about the Compare and Contrast Business Structures for Sole Proprietors. Before starting the business the owners must decide what type of business entity they want to establish. The form of a business entity determines which kind of income tax return the owners want to file[1]. As the business change and grow, sometimes the owners want to move to a different type of business structure. There are …