... and construction experience, selecting the best organizational form requires thorough analysis and research. Questions such as "Who will control the business and how will decisions be made?" and "Who will "own" the business and how will the start-up costs be financed?" need to be answered before selecting legal entity. Choosing the right type of business enterprise is one of the first decisions that a potential business owner comes across. The choice of entity for a particular business depends on many factors. Whichever form of business is chosen may have a great impact on the success of the business. The structure chosen will have an effect on how easy it is to obtain financing, how taxes are paid, how accounting records are kept, whether personal assets are at risk in the venture, the amount of control the owner has over the business, and many other aspects of the business. Initial ...

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