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It’s not an uncommon occurrence. A man or woman with a great business idea decides to take the plunge. At first it’s an evenings-and-weekends thing. But as time goes by, it becomes more profitable, and more time-consuming. Pretty soon, the entrepreneur realizes it’s time to quit the day job.And because it’s been a one-person show, it’s very possible that the founder has never bothered to incorporate. That can be a big mistake. It might seem easy just to keep going as a sole proprietor, but for the long-term security of your business, that can be a risky strategy.“For most small
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