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Legal Landscape
Starting a business can be hard, as it involves transforming an idea into reality, building trust with your audience and figuring out a legal landscape. Depending on your business model, you may consider forming a Sole Proprietorship, a Limited Liability Company (LLC), or a Corporation, each offering distinct advantages and legal implications. It's important to choose the structure that best aligns with your goals and operational needs. An LLC, for instance, provides personal liability protection and pass-through taxation, while a Corporation may be ideal if you plan to seek investors or go public. Addressing these legal aspects thoroughly can set a solid foundation for your business’s success.
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