Question

Suppose that shortly after graduating from college you decide to start your own business. Assuming you are starting a small business and realize that you need someone with particular expertise or business skills​, which category of firm are you most likely to​ start?

Answer 1

The category of firm they will choose for this case will be LLC (Limited Liability Company).

Step-by-step explanation:

Due to it characteristics, an LLC can be the best way to start a small business or startup because of its tax benefits, for example. An LLC does not pay any LLC taxes or corporate taxes, the LLC incomes and expenses passes through the owner personal taxes and the owner pays personal income taxes on any profit.