When forming a business enterprise in Texas, a business owner should consider the type of business structure or formation for the business. Consideration should be made as to the type of ownership, exposure to personal liability, and capitalization requirements for future expansion. The types of business structures allowable in Texas include a sole proprietorship or d/b/a, partnership, limited partnership, limited liability partnership, corporation or company, professional corporation or PC, and limited liability company. A business owner should consult with a business structures or business law attorney to dicusss the best application and type of business structure to form. Contact a business formation attorney at the Lorenzana Law Firm. Tel: (512) 338-0529 or visit us on the web at www.lorenzanalegal.com
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