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Every company must evaluate all the advantages and disadvantages of each type of business to select the most appropriate for a business venture. A Limited Liability Company (LLC) is the best option for forming a new pet treadmill business because of the liability concerns and the advantages of the LLC over other types of business.
Type of Business Entity
A LLC is the best type of business entity for this new business venture. The advantages of forming of an LLC are members receive limited liability and have pass-through taxes where earnings are treated like those in partnerships or S Corporations...
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