There is a wide variety of basic legal formats for structuring a business organization. Each type has its own special characteristics, uses and limitations. The proprietorship, partnership and corporation are the most popular and well known. A newer, but increasingly popular, form of business organization is a limited liability company or LLC.
If you are interested in starting a business or are already in business but wish to change your business organization, contact a business law attorney at Hanlon & Zubkus.
When you meet with a business law attorney at Hanlon & Zubkus, the attorney will discuss with you the various options available for a business organization. Whether it is a corporation, partnership, LLC, or PLLC, the attorney will go over and discuss the advantages and disadvantages of each; often in conjunction with a tax professional.