| Structure | Common Use | What to Think Through |
|---|---|---|
| LLC | Service businesses, small businesses, solo owners, partnerships. | Ownership, operating agreement, taxes, banking, and compliance records. |
| Corporation | More formal companies with shares, directors, officers, and bylaws. | Corporate records, shareholder structure, tax considerations, and governance. |
| Nonprofit Corporation | Mission-driven organizations, community programs, charitable purposes. | Board structure, bylaws, charitable purpose, tax-exempt planning, and compliance. |
| DBA or Trade Name | Public-facing brand name used by an existing person or entity. | Brand clarity, entity ownership, trademark risk, and customer-facing identity. |
| Holding Company | Owners managing multiple businesses, brands, or assets. | Entity separation, ownership, risk management, accounting, and long-term strategy. |
This page is educational and does not replace legal, tax, or financial advice. Entity decisions should be reviewed with the appropriate licensed professional.
Best for new founders
Start with a structure consultation before filing. A quick setup can create long-term confusion if ownership, taxes, brand names, and records are not considered first.
Best for existing owners
Review your current setup and decide whether to convert, clean up documents, add a DBA, form a new entity, or create a more strategic structure.