Whether your vision will lead to 400 jobs in a large, state-of-the-art production facility or you and an administrative assistant in a home office, determining your business structure is a vital component.
Many factors must be considered when choosing the best form of business ownership or structure. The choice you make can have an impact on multiple aspects of your business, including taxes, liability, ownership succession, and others.
Small Business Administration - Gives descriptions and pros and cons of different business structures.
Tennessee Small Business Development Center at Vol State - Table comparing the characteristics of different business entity structures.
IRS - Fact sheet comparing different business structures.
Buying a Business
Buying a Franchise