UNIT 2 - Choosing a Legal Structure for Your Business as a Special Education Advocate
Deciding on the legal structure of your business as a special education advocate is essential. Common options include establishing a sole proprietorship, a partnership, or setting up a professional corporation (PC). Each structure has different legal and tax implications. This unit will address:
- Sole Proprietorship—Key characteristics, advantages, and disadvantages
- Partnership—Key characteristics, advantages, and disadvantages
- General Partnership (GP)
- Limited Partnership (LP)
- Limited Liability Partnership (LLP)
- Professional Corporation —Key characteristics, advantages and disadvantages
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