If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. Business is the practice of making one’s living or making money by producing or buying and selling products . It is also “any activity or enterprise entered into for profit.” Think carefully about the market where you’re launching your business, and you’ll be more than likely to see lasting success. Advertise your services to local families and businesses alike. Most stagers eventually build up an…