Structure of Your Business?

In the United States, there are several business structures to choose from, depending on your needs and goals. Here is a summary of the most common ones:

  • Sole Proprietorship

  • Partnership

  • Limited Liability Company (LLC)

  • Corporation (Inc.)

  • Nonprofit Organization

Each structure has its own advantages and disadvantages, and the choice depends on factors such as the scale of the business, the need for financing, and the level of responsibility you are willing to assume.

The licenses, permits, or tax numbers required for your business will depend on its structure and type.

Take this short quiz, and you might just discover what licenses, permits, or tax numbers you need to start your business!

Structure of Your Business?