Formation of a Business
Most entrepreneurs start interacting with the law with the foundational question: what kind of business should I start? While this might seem like a straightforward question, there are at least a dozen basic forms to choose from. This part will explain the types of business entities that exist and then evaluate how they differ from each other.
The key players you’ll learn are corporations, partnerships, and franchises. But don’t forget the limited partnership, limited liability partnership, limited liability company, joint venture, and more. So sit back and let’s get ready to learn all about the different options available to those starting a business.