How to Choose the Best Legal Entity for Your Business选择一个勒gal entity can be complicated, but it can help protect your business's assets. Attorney Mark Kohler explains.
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While determining whichlegalentity is best for your company can get complicated, it's important to protect your business's assets. Attorney and CPA Mark Kohler recommends thinking of it in two ways: short term -- such as selling a product or service -- and long term -- including buying property and making investments. For short term ventures, Kohler suggests starting with a sole proprietorship. For longer ventures, he says you'd most likely want to go with a limited liability company (LLC).