What Company Type You Should Choose For Your Start Up

You have a great business idea and you are ready to build a business around it. You know how to make a great product or service, but are you wondering what type of a company should you register? Should it be an LLC? Or should you choose to start a sole proprietorship? These are some standard questions every starting entrepreneur should ask herself. The right answers may be crucial for the successful future of your business. So, to make the decision easier for you, we found an infographic that will show you all the basics of major business types in the US as a sole proprietorship, limited liability company (LLC), general and limited partnerships, S and C corporations. Below are not the very details, but you can see some major advantages and disadvantages of these business forms. This way, we hope, you get a more clear view on the matter and this helps you find the legal form that suits you the best. This infographic was created by the guys and gals from payoff.com, they did a nice job here. Please, consider sharing it using our beautiful social buttons.

Company Types in the US

Different business types. Different business types.

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