Ecommerce Know-How: Sole Proprietorship, S Corporation or LLC?
Launching an ecommerce business can be confusing. An entrepreneur must choose a shopping cart and find sources for inventory. And, there are questions regarding accounting, liability, and filing regulatory documents. Those questions can create enough confusion to halt the journey before it begins.
It doesn’t have to be that way.
For this “Ecommerce Know-How,” I asked Certified Public Accountant Ryan L. Ross about the quickest and most cost-effective ways to set up your ecommerce business, and get it off the ground.
A prospective business owner based in the U.S. has three choices when it comes to creating the new enterprise. He or she can create a sole proprietorship, an S corporation (the “S” refers to a subchapter of the U.S. Inter…
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Ecommerce Know-How: Sole Proprietorship, S Corporation or LLC?
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