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Legal Structure Tool
Choose the right business entity for your situation.
Annual Revenue ($)
Number of Owners
1 (Sole Proprietor)
2+ Partners
Risk Level of Business
Low (consulting, online services)
Medium (retail, food service)
High (construction, manufacturing)
Plan to Raise Investor Funding?
No
Yes — Plan to raise VC/angels
State
Normal tax state
Texas / Florida (no state income tax)
California (high state tax)
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