Confused about business structures? Find the best one for your business

Among the many decisions any entrepreneur need to make when launching a new business is selecting a business structure.  This could be a daunting decision…So, what are your options of business entities?

Two most common type of business entities in South Africa is a Sole Proprietor and Private Company.  Below is some of the main pros and cons.

 

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Don’t take this very important decision lightly.  And don’t make your choice based on what someone else had done.  Carefully consider the unique needs of your business.  Seek expert advise, choose wisely and make your decision.

More details on Private Companies, Sole Proprietors and Partnerships