Some business structures offer greater protection for their assets to owners, such as SARLs. Others only allow you to protect your main residence; this is the case with micro-enterprises. To protect other assets, you will need to go to a notary to make a declaration of inalienability. Think carefully about the risk this represents when choosing your status.
Hire employees
The legal structure of your business plays a key role in personnel decisions. If you hire employees or plan to do so, you should be aware that certain types middle east mobile number list of businesses are limited in this regard. Micro-enterprises and sole proprietorships, for example, cannot hire employees. While these statuses give you more autonomy and flexibility than other types of businesses, you will need to change your business structure if your business takes off and you plan to hire employees.
Partnering with partners
Similarly, if you are considering having a partner in your business, you will need to choose a business structure that can support a business partnership. So, instead of a sole proprietorship, you will likely look to create an LLC, SAS, or SA.
Business Financing
You may reach a point in your business where you use multiple marketing channels need funds for product development, store expansion, inventory investments, or other necessary expenses. There are many ways to raise funds for your online business, but success depends on many factors, including your business structure and history.
For example, if you think you will need to raise funds, you must create an SA or SAS. Similarly, if you think you will need to go public, only an SA will allow you to do so.
Taking the plunge
As you will have understood, several options are available to you when creating your business in France. The micro-entrepreneur regime is the ideal choice when you want to familiarize yourself with entrepreneurship. But it remains essential to uae cell number consult a professional in the field and to carry out simulations to find the business structure that will best suit your activity, and especially the one that will allow you to maximize your income.
