Skip to main content

BUSINESS ENTITY COMPARISONS AND REASONS FOR FORMING

  1. PERSONAL LIABILITY PROTECTION: The primary reasons small business owners choose to form corporations and LLC's is to protect their personal assets, such as their home, car or family savings. In the event of a lawsuit or if your business should fail, your personal assets cannot be touched.

Rate this guide


Free Q&A with lawyers in your area

Recommended articles about Business

Can’t find what you’re looking for?


Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer