What are the Different Business Formation Types?
When setting up a business in Connecticut there are a number of different options in terms of the type of legal form you can use to run your business. These include:
- S-corporation
- C-corporation
- Non-stock corporation
- Limited partnership
- Limited liability company
- Sole proprietorship.
Many people find it useful to consult with an attorney before deciding which type of legal entity they’re going to use to operate their business.
This informational blog post was brought to you by Attorney Eric L. Foster, an experienced Hartford County, Connecticut Business Lawyer.
Lindh Foster, LLC
Connecticut Business Lawyer & Debtors Rights Attorney, Eric Foster of Lindh Foster, LLC, has been practicing law for over 25 years in Connecticut, New York and Hong Kong, China. As a Connecticut Business Lawyer, Eric Foster’s legal practice currently centers around representing small businesses and entrepreneurs, in selecting their business structure, forming their businesses, and managing their business transactions. As a former attorney at the Federal Reserve Bank of New York where he focused on the regulation of banks’ lending activities, Attorney Foster is also a passionate consumer advocate and a member of the National Association of Consumer Advocates (NACA). As a Debtor Rights Attorney, Attorney Foster enjoys advocating for and representing consumer debtors in connection with credit card, student loan and other debts they allegedly owe creditors and debt collectors.
