Business formation is the process of establishing a legal entity to carry out a particular entreprise. The law provides several entity options, each with its own advantages and disadvantages.

In this video, entitled, "Choice of Business Entity and Formation" created by Christine Benik of the Santa Clara University Entrepreneurs' Law Clinic, aspiring business owners and entrepreneurs can ...

Farm owners and operators have five main business entities to select from. They include sole proprietorship, general partnerships, limited liability partnerships, ...

When you form an LLC, the business becomes a separate legal entity (reducing your risk in the process) and owns the business assets. LLCs also provide more options when it comes to tax treatment.