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Initially it depends on what other assets you have to protect. As you start to make money the sole proprietor model is less favorable after taxes than a Sub-S c
by skmurphy 18y ago
Initially it depends on what other assets you have to protect. As you start to make money the sole proprietor model is less favorable after taxes than a Sub-S corporation. As you start to make a lot of money and may have found a niche that would benefit from further investment converting the Sub-S to a C (or regular) corporation gives you a vehicle to grow the business further.