An overview of business entities -- Considerations in choosing a business entity -- Agency law and liability -- Taxation of the owner and business entity -- The sole proprietorship -- General partnerships and joint ventures -- Limited partnerships and other hybrids -- Limited liability companies -- Corporations -- Non-profits -- Identifying the appropriate startup entity -- Setting up the business entity -- Tax planning when funding an entity -- Converting entities -- When to incorporate -- In which state to incorporate -- Multi-state businesses

Understanding business entities is essentials to the effective planning, formation, growth, and continued management of a business venture. This text provides a straightforward guide for entrepreneurs, managers and professional practitioners who need a thorough understanding of the key attributes of the most common types of business entity.