What type of legal structure should you choose for your business? Learn about liability and the four main types of business entities—sole proprietorship, partnership, limited liability company (LLC), and corporation—through an analogy with the tale of the Three Little Pigs.
In this video, entitled, "Choice of Business Entity and Formation" created by Christine Benik of the Santa Clara University Entrepreneurs' Law Clinic, aspiring business owners and entrepreneurs can gain a very simple and baseline understanding of the pros and cons of different legal structures.
For more information, visit MOBI's session on Business Organization in its free online Starting a Business course.
In this video aspiring business owners and entrepreneurs can gain a very simple and baseline understanding of the pros and cons of different legal structures for their business, described through an analogy with the tale of the Three Little Pigs. (13:36)