0206 Entity Selection
Part of the Business Planning Section of the CEA Curriculum
The legal form in which a business is organized can have significant effects upon taxes, owners, funding availability, and business health. Selecting the right form requires knowledge of the legal, tax and administrative differences between the various options available. This section covers LLCs, S-Corporations, C-Corporations, partnerships, joint ventures, and sole proprietorships.
After completing this course, you will be able to:
- Describe the major types of business entities
- Develop a strategy for choosing the appropriate entity type
- Understand the advantages and disadvantages of various entity types
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