Proprietorship, Partnership, Limited Liability Company, C Corporation
What to do?
The answer is "It Depends."
Depends on the:
type of business
size of business you imagine
number of owners and capital structure
location of business
risk factors (liability protection)
tax consequences
middle and long-range plan
...and more
You should consult your 1) accountant and then 2) your lawyer before diving headfirst into a business entity.
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