Quick Education

Business Structure

Once you are self-employed, your business structure may be the most important decision you  will make.  This decision will determine whether you are exposing your business to lawsuits, how you pay taxes, how you deduct expenses and the paperwork you will process.  Your business structure may also determine insurance requirements, retirement funding, and fringe benefits.  There is no “one size fits all” answer.  You must carefully review your own situation, both now and for the future.

There is a great deal of information in the individual categories of the following sections. It has been distilled and organized to be easily understandable and relatively concise. By spending time reviewing the additional information you should be able to make an informed decision which business structure will best fit your individual situation.

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