This book helps you decide on the legal form of entity for your business. It discusses the pros and cons of the four main for profit business entity types - sole proprietorship, partnership, corporation and limited liability company. It explains basic tax status elections all new entities must make. While this book simplifies the key legal and tax impacts of various business structures, it also has sufficient depth to train you to think much deeper. Business ventures are not unlike fine art. You start with a blank canvass with a wide variety of decisions to make before creating your masterpiece. There always are multiple ways to do things, and pros and cons of alternate structures and paths. Type of business entity is a critically important early decision. Your new business venture begins with a design and architecture exercise. You want a flexible design and solid foundation to support layers of growth. The best legal design for your venture could impact its success and efficiency. This easy to read short book will help you make the best decisions.