It can sometimes be difficult for artists to focus on the business aspect of their profession. Creating art is their passion, and the business end of it can seem unimportant, or even overwhelming.

If you’re trying to choose a business structure, here are several circumstances where the S Corporation might not be the right choice: 1.

The structure of a business should reflect the desired number of owners, liability characteristics, and tax status. Because these have legal and tax compliance implications, it’s important to ...

The structure should be adaptable to changes as the business evolves. • Complexity: A sole proprietorship is the simplest and cheapest to set up but may struggle with external funding.

SeventyFour / Getty Images/iStockphoto Heather Taylor Thu, Jul 28, 2022, 11:00 AM4 min read ...

1. Sole proprietorship/general partnership The simplest business structure is the sole proprietorship (when there’s only one owner) or general partnership (when there are two or more owners).

Where do I need to register this business? You can see I'm rather green about business matters. Thanks for any help you can provide. -- Joseph ...