Choosing a Legal Business Form


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This document is a downloadable .PDF file. Key features include the factors that must be considered when choosing a legal business form for your new venture. All business forms are not equal, thus entrepreneurs must carefully consider which business form is best for them. We take a very simplistic, easy to understand approach in our discussion.
Our discussion of business forms is limited to the most popular business forms for small businesses which include Limited Liability Corporations, S-Corporations, Sole Proprietorships, and Partnerships. Note: C Corporations are not discussed in this document. We recommend that entrepreneurs consult with a tax/business attorney, or licensed CPA when starting a C Corporation.

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