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Business arising: matters to discuss that come from the previous minutes or from a previous discussion.

New business: matters to discuss that have not been raised before now

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Q: What is the difference between business arising and new business?
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I don't see how they could go after the new business but, depending on how the old biz was structured, they might be able to come right after you....which for a lot of small business owners would amount to the same thing (as the IRS going after the new business). If the old business was a Sole Proprietorship, best to make the new business a "C" Corp.


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What is the difference between entrepreneurship from business?

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