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We are witnessing evolution in action here. Sole proprietorships and partnerships have become uncompetitive dinosaurs due to the explosion of litigation, and t
by bd_at_rivenhill 16y ago
We are witnessing evolution in action here. Sole proprietorships and partnerships have become uncompetitive dinosaurs due to the explosion of litigation, and the system is in the process of reconfiguring itself to provide liability protection at a similar level of taxation. Given the risk of being involved in legal action, I don't understand why anyone would want to organize using an unprotected structure; fill out the paperwork and get yourself covered.