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Which business structure should I choose?

Question Details:I offer ESL and other languages training to corporations. My plan eventually is to open a training facility(school). I need to register my business and I do not know which structure would fit my current needs. I have read advantages and disadvantages of solo proprietorship and LLC. Please advice.

Asked 2 years ago under Business | 768 Views | More Legal Topics

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SJZ, Member, New York Bar | FreeAdvice Contributing Attorney Answered 2 years ago

An LLC offers you protection from liability that a sole proprietorship does not. It will shelter your personal assets in the event you default on a business debt or are sued.

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