There isn't an easy answer to this question simply because there are numerous variables to consider. Are you a professional seeking to start a practice in medical, law, accountancy or architecture? Business entities for these types of professions may be bettered served by one form, while if you have a high-tech product and you hope to sell the business at some future date or take the business public, then another form of business entity would be more suited to accomplishing this goal. Then there are real estate professionals who may find an LLC more advantageous. So when choosing a business entity it's important to review all of the advantages and disadvantages in light of your particular circumstances before making a final decision.
This web site is designed for general information only. The information presented at this site is not, nor is it intended to be, legal advice. Your use of this site does not create an attorney-client relationship. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. However, contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.