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Choosing a Business Structure

Last Updated August 5, 2008
There are many choices of business structure, from a simple sole proprietorship to a C corporation. The right structure can help reduce administrative burdens, reduce taxes and minimize owners' liability. To narrow the choices, it is importan to focus on some key questions: the number and type of owners there will be, the potential liability the business will face, tax needs, investment needs, and any concerns over administrative burdens.
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Business Entities

The business entities commonly encountered in the United States are as follows: sole proprietorship, partnership, C Corporation, S Corporation and limited liability company. Each has its own unique advantages and disadvantages.
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	California Business Law Firm
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