Choosing a Business Entity
When launching a new venture, one of the first decisions you will make is determining which structure, or "entity," your business will assume. Depending on which entity you choose, the decision may affect your own and your business's tax situation, the level of protection your personal assets (including your home) receive, and the amount of control you have over the business.
Following is a brief primer to help guide you in your choice. You may want to consult a qualified attorney or financial professional before making your final decision.