Choosing the correct business entity is key to your legal protection, taxes, and future growth. Learn the pros and cons of LLCs, sole proprietorships, corporations, and more in this easy guide for entrepreneurs. Choosing the correct entity will help you when filing your taxes to ensure you get the best numbers for your company. It’s important to fill out the correct taxation every time you fill out your forms because that will be reported to the IRS.

Starting a business can feel overwhelming, but the right first steps make all the difference. In this post, discover the six essential things every new entrepreneur should do to lay a strong foundation for success—from defining your business idea to setting up your finances and marketing plan. This post will help you organize your plans for your new business venture and give you a better understanding of where to start.