Resourceful Designer - Resources To Help Streamline Your Graphic Design And Web Design Business.

What structure are you planning for your design business? In this final instalment of The Definitive Guide To Starting A Home-Based Design Business, I'm covering your business structure. If you haven’t heard the first three parts of this series, I suggest you go back and listen to them. Part 1 - Is Self Employment For You? Part 2 - Business Plan and Your Workspace Part 3 - Legalities and Marketing Once you know what you’re going to do with starting your business. You need to decide what form or structure it will take. Sole-Proprietorship, Partnership Cooperative Corporation Your business structure will determine how and when you pay taxes. It may affect how you deal with banks, especially if you are applying for a loan or line of credit to help you get started. Different insurance rates may apply depending on your business structure. I’m not a business expert. I highly suggest you talk to your local business center, your accountant, your lawyer and seek their professional advice on the structure that is r