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Nevada SBDC has provided this great resource about the types of business structures. From Sole Proprietorships to Corporations, and let’s not forget about Limited Liability Companies or LLC’s. Click the links provide here to read this concise article about business entities and their associated key factors.<\/p>\n
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\nWhich is the right one for your business?<\/h4>\n
One of the first executive decisions you\u2019ll make for your new business is choosing the\u00a0type of legal organization that\u2019s best for you. The choice you make is important\u00a0because it will determine what your business can and cannot do, what will happen if\u00a0someone sues you, and how both you and your business are taxed. There are\u00a0basically four ways to organize a business. Listed from the simplest to sophisticated,\u00a0they are:<\/p>\n