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Which Business Entity Type Is Right for You?

Don’t panic! Take our quiz.
Choosing the right business entity is a crucial step in setting up your business for success. It affects everything from your taxes to your personal liability. It can be overwhelming. Take our quick quiz to find out which entity type fits your needs. Let’s get started.

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Choose a Business Entity Based on Specific Scenarios

Before we get into the quiz itself, here’s a quick guide to business structures, and how your circumstances might influence you to choose one over another.

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Limited Liability Company (LLC)

Should You Form a Limited Liability Company (LLC)? For over 80% of small businesses, the right choice of business structure is a simple one: the LLC.

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S - Corporation

Want to keep more of your tax money? See if an S Corporation could be the right choice to help your business save money on taxes each year.

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C - Corporation

A C Corporation structure is generally better for larger businesses. Is it right for your business?

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Nonprofit

Starting a nonprofit can truly help make the world a better place. Is a Nonprofit best for your business?

The Four Main Types

of Legal Business

Structures

There are four main types of “business entities” that you can create.