The type of structure available to you will depend on the law of your state, and as used, must of course conform to any applicable rules of professional responsibility. It is therefore important to research your state law and governing ethical rules before making your final decision.
You should consult with an attorney and an accountant to fully understand all the implications for your business. Let’s look at the options available for business structures.
1. Sole Proprietorship
3. Limited Liability Company