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Sole Proprietor vs. LLC: What Business Structure is Right for Your Bike Shop?

Sole Proprietor vs. LLC: What Business Structure is Right for Your Bike Shop?

There are a lot of decisions to make when starting a bike shop or other outdoor industry business, and your business structure is one that deserves careful consideration. Because the way you structure your business can have major implications for your taxes, liability, and even your personal assets. Let’s take a look at some of the most commonly used business structures business owners choose to help you decide how to structure your bike shop.   How to Structure Your Bike Shop: Sole Proprietor vs. LLC The most common business structure is also the ...

 

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