Common types of entities are sole proprietorship, partnership (limited, general and limited liability), corporation (C or S), and the limited liability company (LLC).

Partnerships. There are two types of partnerships: general and limited.With a general partnership business, both owners invest their finance, labor, time, etc, and both are held accountable for ...

A lot is riding on the business entity type you choose. The business structure you decide on affects your legal liability as an owner, tax obligations, growth potential, and compliance ...

The structure of your business influences everything from taxes to day-to-day operations. Browse Investopedia’s expert written library to learn about sole proprietorships, LLCs, S-Corp, C-Corp ...

The type of business entity utilized for a new venture is one of the most important decisions facing a new business owner. Choosing an inappropriate entity can have devastating effects, while an ...

When you start a new business, one of the first questions that comes up is your business structure. Two of the most common types of business structures are LLCs and corporations. While many small ...

Each type of business entity has its own distinct advantages and disadvantages, and before choosing a business structure, you will need to consider the nature, size, ownership, tax implications ...

An LLC, or limited liability company, is a newer type of business entity that provides more of the legal protections of a corporation with fewer tax and financial hurdles. You can form an LLC for ...

For example, in Alaska and Florida, while an individual within a business can act as the entity’s registered agent, the business itself cannot. In contrast, Delaware and Colorado allow a ...