ConsultaPedia Logo

Navigate legal structure options without getting overwhelmed.

Private, no-account workspace: Your responses are used temporarily to create this tool’s analysis. ConsultaPedia does not save your responses or results in a user database. Print, download, or copy any results you want to keep before leaving this tool.

← Back to Interactive Business Tools

This tool evaluates your liability concerns, tax preferences, and ownership structure, then weighs your answers against five business entity types to recommend the best fit. For entrepreneurs forming a new business and established owners considering restructuring for growth or succession. Answer the assessment questions to see weighted recommendations comparing sole proprietorship, partnership, LLC, S-corporation, and C-corporation.




Business Needs Survey

1. What is the primary output of your business?





2. What industry will your business operate in?






3. How many owners or partners will be involved?




4. Are you planning to raise external funding?




5. Will you be operating internationally?




6. What is your expected revenue?





7. How many employees are you planning to hire?





8. Are you planning to go public or get acquired later?




9. Are you planning to operate in an industry that is heavily regulated?




10. Will you need to follow any specific compliance standards?




11. How concerned are you about liability?





12. Will you need to protect intellectual property?




13. What is your primary mission for this business?





Please complete the Business Needs Survey. Suitability Scores will then appear here.



Developed by Dr. Ralph Jagodka, Ed.D., former Interim Director of the East Los Angeles County Small Business Development Center and author of "How To Organize, Start and Manage a Small Business" Full bio. © 2026 About This Page