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Your form of business determines which income tax return form you have to file. The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A Limited Liability Company is a business structure allowed by state statute. Legal and tax considerations enter into selecting a business structure. Finding a niche is the best way to start out in the gift basket business.

• Lots of people who are moving want to hire someone to do the heavy lifting for them.
• Or you could market your services to the marina to contract you to do the boat cleaning it offers to customers.
• Affiliate marketing, sponsored content, and co-marketing are some ways to make money once your blog develops a following.
• Two common legal structures for small businesses are limited liability corporations and sole proprietorships.

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