Confused about U.S. business structures? We break down the legal differences between sole proprietorships, LLCs, and corporations, covering liability, taxes, and setup. Make an informed choice for your venture!

Whether or not your personal assets are at risk if your business is sued depends on a number of factors, including the type of business structure you have chosen, the nature of the lawsuit, and the laws of the state in which you operate. However, in general, your personal assets are protected from business liability if you have formed a limited liability company (LLC) or corporation.

Choosing the right business structure is one of the most important decisions you'll make when starting a business. It will affect everything from how you file your taxes to how much personal liability you have.

Choosing the right business ownership structure is one of the most important decisions you will make when starting a business. The type of structure you choose will affect your personal liability, taxes, and ability to raise capital. This blog post will discuss the six main types of business ownership structures and help you choose the right one for your business.