2021-2022 Small Business Resource Guide | Page 22

LEGAL
LEGAL

BUSINESS STRUCTURES

Business Structure
Sole proprietorship Partnerships
Ownership
One person Two or more people
Limited liability company ( LLC ) One or more people
Corporation – C Corp . Corporation – S Corp .
Corporation – B Corp
One or more people
One or more people , but no more than 100 , and all must be U . S . citizens
One or more people
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