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Choosing the best entity for my businesses

Asked by: tashia - 8 October, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 I want to start a ecommerce business, travel agency and online boutique - which entity is the safest and best entity to choose to get business funding in Louisiana?
Answered by: Ray Albert - 9 October, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Latisha,

With so many different business plans, it may be the best idea to register an entity such as a corporation or an LLC in Louisiana, for example named Latisha's Travel Inc/LLC to operate one section of your business. Then, you could register other trade names to operate and advertise your separate types of businesses under, such as having separate websites, which would be owned by the parent entity.

I'd like to invite you to read our research article 'Choosing Business Entity'. I believe you will find this very helpful in structuring your business plan.

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