Deciding whether to choose a Household Business or a Company (with legal status) depends on many factors. At the most basic level, the entrepreneur will often decide based on the size of the business, the number of employees or the plan to expand production in the future. If you just want to run a small business within the family with a small number of employees, a small scale, and easy management, you will often choose a household business and vice versa. However, it is necessary to consider from many angles and combine with legal regulations for each type to get a more appropriate decision.  Here are some characteristics for each form: For the company For business households + The ability to raise capital is quite high in many different forms for some types of companies such as joint stock companies, limited liability companies with two or more members. + Can expand the business on a large scale. The number of employees is not limited. + The company's competitiveness will be higher because the brand is built by the prestige and quality of the product. services we provide. Limited liability in charter capital. The management is relatively complicated. + The establishment and dissolution of household businesses are more complicated. + No capital constraints, business households can do business with large or small capital. + Procedures for establishment, change and dissolution of business households are not too complicated. + Fundraising is limited + Unlimited liability. + No legal personality. + Business households are only allowed to use no more than 10 employees, which makes the scale of business and production always limited. Above we only describe the overview, if you need more detailed advice, please contact us for a detailed answer and suitable for your situation.