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There is much more to starting a new business than picking a location, buying equipment and hiring employees. Too often, entrepreneurs focus only on opening the doors and ignore one of the most important aspects of the start-up process: selecting and forming the proper legal entity for the business. Attention to such details in the beginning can save you money and headaches, and even your business, later on.
There are a wide variety of legal entities for running a new business. Often, the choice of entity depends upon certain factors concerning the business.
Following are the categories under which you can register your new startup:
