What business form should I choose for my Pennsylvania business?

One of the most important steps when starting a new business in Pennsylvania is deciding what business structure to use. Pennsylvania has four primary business types: sole proprietorships, partnerships, limited liability companies, and corporations. Which entity is best for your business depends on several factors, including tax considerations, liability protection, and desired form of management. Knowing your options and their advantages and disadvantages will help you decide which business structure best suits your new business.