# data[].attributes.body
A one-person business owner.

# data[].attributes.body
Two or more people owning a business. Two types of partners - limited and general.

# data[].attributes.body
Company where under US tax law, is taxed separately from its owners.

# data[].attributes.body
This is a tax elective in the C-Corp application.

# data[].attributes.body
Offers owners limited personal liability for debts/actions of the company. Relatively new and fastest growing business.

# data[].attributes.body
Easiest and cheapest to form and report. Profits taxed through income. Self boss and make own decisions. Owner flexibility.

# data[].attributes.body
Easy, not expensive to start up. Taxed as a sole proprietor. Owner flexibility. Share workload/risk. Partner can help where your skill set falls short.

# data[].attributes.body
Limited personal liability. Easier to attract funding. Transfer of ownership.

# data[].attributes.body
Operate like C-Corp but with tax benefit of sole proprietor. Limited Personal Liability.

# data[].attributes.body
Taxed like sole proprietor. Limited personal liability. More owner/management flexibility. Ability to raise funds.

# data[].attributes.body
If something happens to owner, business dies. Owner does everything, unless outsource specific functions. Unlimited personal liability (could lose all personal assets).

# data[].attributes.body
General partner has unlimited personal liability. When something happens to one partner, business may go out of business. Difficult to attract funding

# data[].attributes.body
Complex - deal with IRS, SEC, and the state. Double taxed. Less owner flexibility. Expensive to form.

# data[].attributes.body
Must qualify. No more than 100 shareholders. Less owner flexibility also.

# data[].attributes.body
Investors might hesitate in funding. Costs more than proprietorship or partnership. Not all states allow it.