45a894fa_cture_of_Your_Business___SCORE__2
[0] C Corporation [1] Very complex to organize. [3] Many state and federal controls. [4] Shareholders divide profits [5] Costly to discontinue. [6] Shareholders generally not liable. [7] Both corp. and shareholders taxed. [8] Best ability to raise capital. [2] 
Authority is with the Board of Directors.
Choosing the Legal Structure of Your Business | SCORE
2