Choosing the right business structure is a necessary step in creating a successful, lucrative company, although oftentimes, it’s a step that gets overlooked. Several different business structures exist to provide a precise and dynamic legal fit for various companies. Additionally, your business’s structure influences everything from how much you pay in taxes and the kind of paperwork you must file, to your personal liability protections and ability to raise money. Below, we’ve outlined the four most common types of business formations and which ones work best for certain businesses. 

From minor internal concerns to major financial decisions, business owners tackle issues every day. However, entrepreneurs may not always be able to resolve more significant disputes internally. Certain situations may call for the assistance of a business litigation attorney to advise a company on a realistic strategy to resolve a disagreement. Alternative dispute resolution methods give businesses the ability to address a range of problems through a process that benefits all parties involved. Read below to learn if alternative dispute resolution is right for your business and how the Dallas law firm of Ritter Spencer PLLC can help.