Your Business Entity Choice

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By clicking "Find a Lawyer", you agree to the Martindale-Nolo Texting Terms. Martindale-Nolo and up to 5 participating attorneys may contact you on the number you provided for marketing purposes, discuss available services, etc. Messages may be sent using pre-recorded messages, auto-dialer or other automated technology. You are not required to provide consent as a condition of service. Attorneys have the option, but are not required, to send text messages to you. You will receive up to 2 messages per week from Martindale-Nolo. Frequency from attorney may vary. Message and data rates may apply. Your number will be held in accordance with our Privacy Policy.

You should not send any sensitive or confidential information through this site. Any information sent through this site does not create an attorney-client relationship and may not be treated as privileged or confidential. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. The Internet is not necessarily secure and emails sent through this site could be intercepted or read by third parties.

What type of business entity is best for your business will be determined in part by the number of people who will own the business and the services or products it will provide. By definition, only single-owner businesses can operate as a sole proprietorship so if your business will be owned by two or more people, you will need to consider other structures. If your business will engage in risky activities, you will probably want to consider one of the business structures that provides personal limited liability protection, like a corporation or a limited liability company. How you plan to raise capital and what type of taxation you want for your business will also affect your business entity choice.  

Businesses often change their structure as they grow. Many small businesses start out as a sole proprietorship or partnership and then change to a corporation or limited liability company as they grow. The choice you make when you start out can end up affecting what you do later so it's important to think through your decision early on. Be sure to consider the pros and cons of each type of business structure before you make your final decision.  

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Full Name is required
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Please enter a valid Phone Number
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By clicking "Find a Lawyer", you agree to the Martindale-Nolo Texting Terms. Martindale-Nolo and up to 5 participating attorneys may contact you on the number you provided for marketing purposes, discuss available services, etc. Messages may be sent using pre-recorded messages, auto-dialer or other automated technology. You are not required to provide consent as a condition of service. Attorneys have the option, but are not required, to send text messages to you. You will receive up to 2 messages per week from Martindale-Nolo. Frequency from attorney may vary. Message and data rates may apply. Your number will be held in accordance with our Privacy Policy.

You should not send any sensitive or confidential information through this site. Any information sent through this site does not create an attorney-client relationship and may not be treated as privileged or confidential. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. The Internet is not necessarily secure and emails sent through this site could be intercepted or read by third parties.

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