What Type of Business Entity Are You?

Most likely, if you are the owner of a blog, you are a sole proprietor.  For those seeking to venture out into a more official capacity, you should examine the various types of business structures to determine what type of business you want to hold yourself out as.  Most likely you will want to be an LLC or limited liability corporation because of the low risk of losing your personal assets should you get sued and lose.  There are other tax structures and entity types you should look at and categorize yourself if you want to hold yourself as a corporation.  This is beneficial to you as you can determine different tax benefits and legal flexibility.

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