A sole proprietorship is the most basic type of business to establish. You alone own the company and are responsible for its assets and liabilities. Learn more about the sole proprietor structure.
An LLC is designed to provide the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. Learn more about how LLCs are structured.
People form cooperatives to meet a collective need or to provide a service that benefits all member-owners. Learn more about how cooperatives are structured.
A corporation is more complex and generally suggested for larger, established companies with multiple employees. Learn more about how Corporations are structured.
There are several different types of partnerships, which depend on the nature of the arrangement and partner responsibility for the business. Learn more about how these are structured.
An S corporation is similar to a C corporation but you are taxed only on the personal level. Learn more about how S corporations are structured.
Counseling, mentoring, and training from an SBA District Office, SCORE Chapter, Small Biz Development Center or Women’s Biz Center in your area.
U.S. Small Business Administration, 409 3rd St, SW. Washington DC 20416.