Business Structures

Are you considering starting a business but not sure what type of structure is best for you? At Strategy Consulting Group, we offer a range of business structures to help you determine the best fit for your needs.

One option is a sole proprietorship, which is the simplest and most efficience form of business structure. As a sole proprietor, you will have complete control over your business and its profits, but you will also be personally liable for any debts or legal issues.

If you are looking to share the responsibilities and profits of your business, a partnership may be a better option for you. Partnerships can be formed with two or more individuals, and can be either general partnerships where all partners share common goal in the business, or limited partnerships where one partner has limited liability.

For those looking for more protection from personal liability, a corporation may be the best choice. Corporations are separate legal entities from their owners, which means that the owners are not personally liable for the debts of the business. Corporations also have the ability to issue stock, which can help raise capital for the business.

Another option is a limited liability company (LLC), which combines the benefits of a partnership and a corporation. LLCs offer limited liability for their owners, but are also more flexible in terms of management and tax treatment.

No matter what type of business structure you choose, Strategy Consulting Group is here to help guide you through the process and ensure that you are set up for success. Contact us today to learn more about the different business structures we offer and how they can benefit your business.