How will you setup your business?

One of the key decisions to make after deciding to start you own business is what type of legal structure you should use to define the type of company you own. Legal and tax considerations will ultimately help you to define your company as a particular legal entity.

Six principal forms of business entities exist with in the State of Alabama. They are a sole proprietorship, general partnership, limited partnership, limited liability company, limited liability partnership, and corporation. There are advantages and disadvantages to each of these types of business.