The option of which business structure to use demands considered your sort of business and that that you simply would really like it to look like. Hybrid businesses are businesses that could be categorized in more than 1 kind of business. Because of the character of intellectual property, a business needs protection in every jurisdiction in which they're concerned with competitors. Starting a company may be costly and complex based on which kind of business you start. You're the one which runs your small company and nobody else can inform you how to proceed or the way to do it. A tiny company, like your friendly sari-sari shop, is much better off as a sole proprietorship, although it may also be converted to some other sort of business in the event the conditions require that shift.