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Dominik [7]
3 years ago
7

What are things to consider before opening a business?

Business
1 answer:
artcher [175]3 years ago
7 0
You should consider whether you want it to be a private or public company. A private company means that should the business fall-out, you and your business partners are responsible for the cost of the lawsuit and you will have to pay out of pocket. If your business is public, meaning that people can buy shares of your stock, then you would only have to pay up to the value of the amount of stock that you own. Hope that helps!
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