Overview

A new business owner has so many things to think about when starting a new business. One of the first areas to research is the options that the new owners have for structuring their business. There are so many choices and this section is designed to give you information about various business structures.

• Overview Of Business Structures - Descriptions, pros and cons of Sole Proprietorships, Partnerships, Limited Liability Companies and Corporations.
• Entity Comparison Chart - Take a look at similarities and differences between the four entity types side-by-side.
• Why Form an Entity? - The advantages of creating a Corporation or LLC.
  
• Corporations vs. LLCs - Trying to decide whether a Corporation or an LLC is right for you?  Check out this article.
  
• Trade Name - Defines the term and offers some considerations.
  

Need more detailed information? We have separate Business Topics on Limited Liability Companies and Corporations.

We can help! Once you’ve mastered your options, we can help you form your company or obtain your trade name in our Business Services section.

Already formed your company and ready to begin business? Check out the Business Topic "Starting a Business".

Here’s to reaching for your dreams

and taking powerful action!