Proper business structure can save taxes and protect assets

According to the U.S. Small Business Administration, roughly 50 percent of small businesses fail within the first five years. One of the top eight reasons for failure: failing to draw an impenetrable line between personal and business funds. Many small-business owners, set up as sole proprietors, have no clue about the risk they are taking on their personal financesRead more of this article by Frank X. Laborde: Proper business structure can save taxes and protect assets – San Antonio Business Journal.