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Which business structure should I choose?

Hannah De Dios

Created on October 4, 2024

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Transcript

What structure should I choose?

Answer some questions to see what business entity type may be a good fit
Disclaimer: The information provided on this platform is for general informational purposes only and is not intended to be legal advice. While we strive to keep the information accurate and up to date, it may not reflect the most current legal developments. Please consult a licensed attorney for advice regarding your specific situation. We disclaim any liability for actions taken based on the information provided here.
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Do you plan to run this business by yourself or with others?

WITH OTHERS

BY MYSELF

Are you concerned about limiting your personal liability in case of business debts or lawsuits?

YES

NO

NOT SURE

How many people will own the business?

JUST 2 PEOPLE

MORE THAN 2

Do you want to keep the business structure simple and have little paperwork?

YES

NO

Do you plan on raising money from investors or selling shares of your business?

YES

NO

Consider an LLC

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Consider a General Partnership

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Consider a Corporation

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Consider a Sole Proprietorship

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