Most new businesses in New Jersey are formed as either corporations or limited liability companies (LLCs). Smaller, single-owner businesses are sometimes operated as sole proprietorships, while some business founders may choose to form their business as a partnership. The primary differences between business entity forms come down to their management and control structures, how business income is taxed, and limited liability protection for the business’s owners. An experienced business attorney at Bramnick, Rodriguez, Grabas, Arnold & Mangan can help you determine which entity form is right for your business.