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Small Business Law > Types of Businesses
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Types of Businesses

If you want to start a business, you must decide whether you want your business to be:

  • A sole trader or sole proprietor
  • A partnership
  • A close corporation (from 1 may 2011: no new closed corporations can be created, or conversions from company to closed corporation will be allowed, however existing entities can continue to operate)
  • A company