People starting an organization can make from the vast range of legal structures. Once you decide on to create a small business, an integral consideration is the type of business entity to form. In certain specific circumstances, your company could possibly be ready to stash away earnings at a comparatively low tax rate. The organization and the master are the same person in law. It's possible to easily exchange personal and company assets. You ought to consider whether your company lends itself to potential liability and, if that's the case, if you're in a position to personally afford the possibility of the liability,' 'Kalish states. Not every Pennsylvania business wants a license.