A team is not a business structure.
What is a good business structure?
If you want sole or primary control of the business and its activities, a sole proprietorship or an LLC might be the best choice. You can negotiate such control in a partnership agreement as well. A corporation is constructed to have a board of directors that makes the major decisions that guide the company.
What is an example of a business structure?
Common examples of business structures include corporations, partnerships, holding companies, non-profits, subsidiaries, and limited liability companies.
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