Opening a company can be a problematical procedure, packed with decisions from everything from choosing a name for the company as well as to establish the most excellent structure of company rights such as; exclusive proprietorship, joint venture, a limited liability company (LLC) or a corporation which is best for the business objectives of the company and all individuals concerned. “There’s no right or wrong choice that fits everyone. Your job is to understand the advantages and disadvantages of each legal structure and pick the one that best meets your needs”. (Small Business Solutions).