Choosing a legal structure for a new business is an important decision, and this article highlights and compares common business structures.

Starting a new business is exciting! But it’s important to plan and take appropriate steps at the outset to improve your chances of success and avoid creating problems down the road. Below is a non-exhaustive list of 10 key steps to consider. These steps should put you in a better position to focus your energy, resources and efforts on growing and managing your business. 1. Write a business plan. Preparing an initial business plan will help focus your goals and chart a