## What you’ll learn to do: list and explain the important factors in choosing an organizational type

The organizational type you choose for your business, sometimes called a “legal structure,” can impact your taxes and income. In this section you’ll learn about the key factors that business owners should consider when choosing an organizational type.

The specific things you’ll learn in this section include the following:

• List the important factors in choosing an organizational type
• Explain the important factors in choosing an organizational type