Whether you’re starting a brand new business or need to reorganize an existing one, selecting the business entity is an important decision. There are a number of different types of business forms available under California law, each with its own advantages, disadvantages, tax consequences, and liability protections. As a business lawyer, it is my job to help you select a business form that is most appropriate for your needs. From the time you decide you want to hire me as your business attorney, I will collect and analyze all the pertinent facts and conduct any research that is necessary to helping you choose a business structure that will achieve the best results for you. Contact me today to discuss your business’ needs.
If you’re like most people, you probably want to do a little research first. To help make you a more informed business owner, I’ve written a serious of articles explaining some of the key differences between the various business forms you may consider.
Types of Business Forms Available Under California Law
Broadly speaking, there are two types of business forms you can organize under: the corporate form and the non-corporate form. Anything that is not a type of corporation is said to be “non-corporate.” Easy enough, right?
The most common types of non-corporate business forms include:
- Sole Proprietorships;
- General Partnerships;
- Limited Partnerships; and
- Limited Liability Companies.
There are also a number of other non-corporate forms that you can organize your business as, including:
- Business trusts;
- Unincorporated Associations;
- Publicly Traded Partnerships;
- Small Business Investment Companies; and
- Joint Ventures.
Corporate forms include:
- General Business Corporations;
- Professional Corporations;
- Close Corporations;
- Subchapter S Corporations;
- Personal Services Corporations;
- Nonprofit Corporations; and
- Cooperative Corporations.
Get In Touch With A Long Beach Business Lawyer Today
If you have additional questions, or are looking for a business lawyer to help create a business entity, contact me today for a free consultation. In addition to helping you choose the best business form for your needs, I am also available to review your business plan and prepare any supporting legal documents that your business may need.