Business and Management: Starting a New Business
The first step in starting a new business is choosing a business structure. As an earlier article in ASHRAE Journal pointed out, entrepreneurs have several options, each of which has advantages and disadvantages. Once owners decide whether to do business as a sole proprietorship, partnership, corporation or limited liability company, a number of steps still must be taken before the business can open its doors. This article examines some of those steps.Citation: ASHRAE Journal, vol. 46, no. 1, January 2004