Inc.

WHAT’S YOUR (LEGAL ENTITY) TYPE?

“CHOOSING A BUSINESS ENTITY is like looking into the crystal ball of your company’s future,” says Chip Wry, a member of Waltham, Massachusetts–based law firm Morse Barnes-Brown & Pendleton. Before you can move toward that future, you have to know the basics. We offer a primer, compiled with the help of Wry and other attorneys who have collectively brought thousands of companies through the process. Consult legal and financial experts before making any final choice—there are exceptions and caveats to every rule here.

Do you think you’ll get sued?

YES LLC, S corp, or C

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