What business entity should I use?

#LLC, #Corporation To answer this question, you have to ask yourself two other questions: (1) Are you going to be the only owner of your new business? and (2) Are you initially investing less than $5,000 into your business? If the answer to these two questions is "Yes" (you are going to be the only owner of your business for the foreseeable future and you are going to start your business by investing less than $5000) you should use a limited liability company. If you are go