Thursday, 23 January 2014  
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Business Forms and Structures   Print  E-mail 

Business Forms and Structures

Business forms and structures. The table below is a comparison of business forms and structures recognized as legal entities in most states. Select a link to view detailed information about: Corporations, the LLC, S Corporations, Partnerships, and Sole Proprietors.


Type of Company
Liability
Operations
Management
Raising
Capital
Sole Proprietorship
Unlimited
Simple
Proprietor
Difficult
Partners
Simple
Partners
--
 Partners
Simple
Partners
-- 
 Partners
Medium 
Partners 
--
No
Medium
Members
Possible
No
Medium
Members
Possible
No
Difficult
Board
Stock
No
Difficult
Board
Stock
Non-Profit Corporations
No
Difficult
Members or Trustees
Stock or Membership
Professional Corporations
Usually Yes - Varies by State
Difficult
Board / Licensed Professionals
Stock / Licensed Professionals


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