Choosing the right business structure
How you set up your business can make a huge difference in the amount of financial risk you are exposing your assets to, the taxes you pay, and the set of legal rules that apply to your business. To say the least, some business types have more pros than cons! With all those options, how do you choose the right one for you? In this presentation, business attorney Kimberly Hanlon will cover the differences between the most common types of business structures for small businesses and the pros and cons of each one. She will also provide a handy guide you can take with you with a summary of the information.
In this presentation, Kimberly will cover:
- What options do I have for my business?
- Which options provide me with personal asset liability protection? (And which ones don’t?)
- How about taxes?
- What rules apply to sole proprietors and general partnerships?
- What rules apply to LLCs (limited liability companies)?
- What rules apply to corporations?
- How do I choose the best business structure for my situation?
- When can I DIY, and when should I seek legal help?
Choosing the right business structure
Date
August 25, 2026
Time
11:00 am - 12:30 pm
Location
OnlinePresented by
Cost
Show all resources
Get connected to professional resources, tools, and guidance from business experts.
Schedule a consultation
Meet one-on-one with a Business Navigator to assess your best next step.
Real businesses, real stories.
Bussin’ Birria cooks up brick-and-mortar launch with Elevate
The founders of Busin' Birria turned to Elevate Hennepin, Hennepin County’s business support initiative, for guidance to meet that enthusiasm for tacos with the complexities of opening a restaurant.
