Business Structure Types

Business structure impacts taxes and liability

Sole proprietorships are easy to start but risky.

Partnerships share resources and responsibility.

LLCs offer flexibility and protection.

C Corporations allow growth but are taxed twice.

S Corporations avoid double taxation but have limits.

LLCs are a popular choice for startups.

B Corporations combine profit and social impact.

Consult experts before choosing your business structure.

Your business structure might change as you grow.