LEGAL GUIDE
Written by attorney Colton Tyler Karpus

Choosing the Correct Business Structure for Your New Company

The following guide outlines the most common business entities as well as the advantages and disadvantages of each entity. The main areas of concern are personal liability, tax liability, and structure flexibility.

Additional resources provided by the author

The election of a business structure has significant and ongoing consequences for a business owner. A business owner must be diligent and consult an experienced business attorney to help with business formation.

Free Q&A with lawyers in your area

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