How to Choose a Legal Structure for Your Business | Know Your Worth E9

November 28, 2023

How do you choose a legal structure for your business? 

From sole proprietorships to LLC and S Corp, there are so many options to choose from it can become overwhelming to know which legal structure for your business makes sense at every stage. 

(And if you’re like Kristen, you may not even remember what you got set up as initially if you’ve been in business for a few months or years!)

In this episode we’re answering the question, “What is a business structure?” and breaking down each of the different types including sole proprietorship, partnership, LLC, S Corp, and C Corp so you can understand when each of these would be beneficial for your business, the pros and cons, and who you should talk to to form the right structure for your needs.

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03:03 — What is a legal business structure (and do I have one)? 

05:15 — Sole Proprietorship

09:42 — Partnerships

11:22 — LLC 

21:23 — S Corp

29:48 — C Corp 


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