Wellness Startup Series: Day 2

Choosing Your Business Structure

Selecting the right business structure is critical for taxes, liability, and operations. Common structures include sole proprietorship, LLC, and S-corporation. An LLC is often preferred for wellness businesses due to liability protection and tax flexibility. Research Florida-specific requirements to make an informed decision.

Your next steps:

• Research different business structures (LLC, sole proprietorship, S-corp).

• Consult a CPA or legal expert for the best option.

• Use an online LLC formation service if applicable.

Resources to support you:

• Florida Division of Corporations (Sunbiz) - [Register here]

• LegalZoom Business Structure Guide - [Read more]

• IRS Business Structures Overview - [IRS Guide]