When organizing a new
business, one of the most important decisions to be made
is choosing the structure of the business.
The form in which
you conduct your business determines issues such as the
extent of personal liability that you have from the
business and how the business will be taxed. If you are
uncertain about your choice, you should consult with an
accountant and an attorney to help you select the form of
ownership that is right for you.
common forms of business organizations include: