Ive been reading alot on the forums, and this isnt new. but im just curious to know what type of business people have formed. Im talking about the business structure. What type of business structure do you use? Is it a Sole proprietor, Partnership, LLC with one owner, LLC Partnership, S Corporation or a Corporation. What are the benefits or drawbacks to what you chose and why you chose it. Im in North Carolina and i started a small business, though im not legal yet, i meet tomorrow with a CPA with regards to forming and licensing my business. I will be forming something by the end of next week with the State and Federal requirements. Ive also looked into umbrella coverage for 500.000 coverage. Is this enough for a small business to start with. I currently own a 2500hd, 20' enclosed trailer, 2 echo trimmers, 2 back pack blowers, 2 push mowers, 2 hedge trimmers, pressure washer, and a 42'' husquavarna hydro walk behind with a sulky.