The choice of business structure is an important decision for many reasons.Which of the following is not an important practical consideration to be taken into account when deciding what structure a proposed business ought to have?

Question

Quizplus · Accepted Answer

While the name of a business is important for branding and marketing purposes, it is not a practical consideration when deciding on a business structure. The other options listed (ease and cost of setting up, tax and finance considerations, ongoing regulatory obligations) should all be taken into account when making this decision.

The Choice of Business Structure Is an Important Decision for Many