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Many factors must be considered when choosing the best form of business ownership or structure. The choice you make can have an impact on multiple aspects of your business, including taxes, liability, ownership succession, and others.
- "Choosing a Business Structure" found on the business.gov website. Business.gov is one of the Federal Government's E-Government initiatives developed to provide better customer service for small businesses.
- Starting A Business in South Carolina, a booklet by the South Carolina Department of Commerce. This guide offers information to potential business owners to aid them in the process of starting a business in South Carolina from writing a business plan and deciding on the legal structure of the business to understanding tax liability. Skip to page 10 of 24 in the booklet to see the section on "Deciding On the Legal Structure Of the Business."
- Steps to Starting a Small Business by the Small Business Development Centers of South Carolina (SBDC). This guide not only provides information about how to start a small business, it also provides a good section on "Choosing the Legal Form of Business ".
- "Small Business / Self-Employed - Business Structure" website by the Internal Revenue Service.
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