Forming a business as a legal entity is a smart move, but the possibilities are nearly endless. We take a look at the various legal entities, from sole proprietorships to corporations, and help you choose the best form of legal entity for your business.
When owners are setting up a business or restructuring, there is a lot to think about. Although the substance of the business is probably the most interesting and compelling to think about, owners can’t afford to skip over giving proper attention to the formation of the business entity. Determining which structure is most suitable and then ensuring that the entity is set up correctly is the first step toward running a successful business.