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Business Legal Structures

Choosing the right legal structure for your business is an important first step in setting up your company. The structure you select impacts everything from taxes and liability to licensing requirements and how you operate day-to-day. Common options include Sole Proprietorships, Partnerships, Limited Liability Companies (LLCs), and Corporations — each with its own advantages, responsibilities, and registration steps.

Before applying for a license, it’s a good idea to understand the implications of each structure. For example, an LLC offers liability protection while keeping operational requirements simple, making it a popular choice for small businesses. If you're unsure which structure fits your goals, we recommend consulting a legal or tax advisor to help guide your decision.

Grants and Incentives

Local and state governments often provide funding opportunities to help small businesses start, grow, and innovate. These may include startup grants, equipment funding, tax credits, or recovery support for businesses impacted by economic or environmental disruptions. Some programs are tailored to specific industries, such as food service or technology, while others focus on supporting women-, minority-, or veteran-owned businesses.

To explore current opportunities, visit your local economic development office or check the Small Business Administration (SBA) website. Make sure your business is properly registered and licensed — most grant applications will require up-to-date documentation and a clear business plan to qualify.