Whether you are starting a new business, or your business is growing, one of the biggest decisions you will make is the type of organizational structure your business will use. Before you get going, it’s important to understand the options available to you and how they might suit you best.
In the US, there basically are 4 different types of business structures and each has its own pros and cons. Let’s go over each of them.
0:00 Intro
0:17 Types of business entities
0:39 Sole partnership overview
1:12 Partnership overview
1:55 LLC overview
2:54 Corporation overview
4:30 In conclusion
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