Electing The Appropriate Entity For Your New Business

Forming a business is an exciting venture, but your first decision — choosing an entity — may also be your most important one. There are many considerations when choosing the appropriate business entity, such as ownership, governance, capitalization, taxation and liability. Depending on the nature of your business, certain formations may be better suited for your needs than others.  At Parton & Associates, our experienced corporate team will carefully review your circumstances and identify which of the following business formations is most appropriate for your situation:

• Sole proprietorship
• General partnership
• Limited partnership
• Limited Liability Partnership
• Limited Liability Limited Partnership
• Limited Liability Company
• Professional Limited Liability Company
• Corporation
• Professional corporation
• 501(c)(3) organization

To set you on a solid foundation, our corporate team advises you on the form of business that best addresses your current circumstances while providing the flexibility to change as you grow.