Choosing a Business Form

This chapter contains sections titled: The Consulting Firm The Software Entrepreneur The Hotel Venture The Purpose of This Chapter Business Forms Comparison Factors Formation of Sole Proprietorships Formation of Partnerships Formation of Corporations Formation of Limited Partnerships Formation of Limited Liability Companies Out-of-State Operation of Sole Proprietorships and Partnerships Out-of-State Operation of Corporations, Limited Partnerships, and Limited Liability Companies Recognition of Sole Proprietorships as Legal Entities Recognition of Partnerships as Legal Entities Recognition of Corporations and Limited Liability Companies as Legal Entities Recognition of Limited Partnerships as Legal Entities Continuity of Life Transferability of Interest Control Liability Taxation Choice of Entity Conclusion Internet Links Problems For Further Reading