Boca Grande, FL asked in Business Formation for Florida

Q: How do I know whether to operate my business as a sole proprietorship, partnership, corporation, or LLC?

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2 Lawyer Answers
Terrence H Thorgaard
Terrence H Thorgaard
Answered
  • Freeeport, FL
  • Licensed in Florida

A: Limited liability is available for owners of corporations and LLCs. Tax treatment is different for each. The best bet would be for you to consult with an attorney or accountant in your area, who practices in the area of business formation.

Andrea Wheeler
Andrea Wheeler
Answered
  • Melbourne
  • Licensed in Florida

A: The type of business entity you choose will be specific to your facts and goals. You should speak to a business attorney to find out which type of entity is right for you.

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