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Looking to Start a Business and Unsure Where to Start?

Posted On: January 11, 2022 by Farmers Trust & Savings Bank in: Business Banking

When planning for a new business, it is a good idea to determine your business plan, and if possible, what kind of entity it will be. Will it be a sole proprietor, partnership (LLP), limited liability company (LLC), or corporation (C-Corp, S-Corp, B-Corp, or Nonprofit)? There may be different benefits for the different types of entities, depending on the nature of your business. Contacting your attorney for more details would be a good first step to helping you decide. 

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