When starting a business you must decide which form of business to establish. The form best for you depends on several factors including number of owners, the purpose of the business, and tax considerations. The most common forms are sole proprietorship, partnership, corporation, and limited liability company (LLC). There is no best business entity for all situations, and there is no such thing as perfect protection. The best idea is to meet with an attorney and discuss your business situation. You can then weigh the initial expenses, long term costs and risks against your needs and make the best decision for you.
Contact us today to set up your consultation.