… That is a very good question!
This short course provides a practical compare-and-contrast of accounting, tax and reporting obligations and considerations via a guided debate on partnerships, limited companies and sole traders.
After the basic concepts are introduced, a pro-con debate is designed to flesh out qualitative considerations and bring out personal preferences. For example, what level of risk are you willing to take as a businessperson? Does it make sense to keep business and personal accounts and tax separate?