Faith-Based Entrepreneurs Series

Legal Forms of Business

A practical guide to choosing, forming, and maintaining the right legal structure for your faith-driven venture — developed for the NBA Entrepreneurship Program.

Find Your Structure → Explore All Forms
Workshop Outcomes

By the end of this session you will be able to:

The Legal Forms at a Glance

Choose the right foundation for your mission

For-Profit Structures

Sole Proprietorship General Partnership Limited Liability Partnership (LLP) Limited Liability Company (LLC) Faith-Relevant

Additional Structures

S Corporation C Corporation Nonprofit Corporation — 501(c)(3) Faith-Relevant Benefit Corporation L3C

★ Highlighted forms are especially relevant for faith-based entrepreneurs.

Explore by Topic

Essential resources for every entrepreneur

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Key Tax Concepts

Self-employment tax, EINs, quarterly payments, and UBIT — what every entrepreneur must know before filing.

Learn more →
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Quick Decision Guide

Match your situation to the right starting structure with our at-a-glance comparison table.

Find your fit →
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Maintaining Your Structure

Ongoing compliance requirements, when to review your form, and how to avoid piercing the corporate veil.

Stay compliant →
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Discerning Your Form

Four essential questions every faith-based entrepreneur should answer before choosing a legal structure.

Ask the questions →
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Always consult a professional. This resource is educational in nature. Always consult a licensed attorney and CPA before filing your legal structure. The right choice depends on your specific circumstances, state laws, and long-term vision.