Published by: The Ohio State University Extension
Written by:
Robert Moore
Attorney, Wright & Moore Co., LPA, Dublin, Ohio
Barry Ward
Leader, Production Business Management, The Ohio State University
Introduction
Ohio farmers have many choices when selecting a business entity for their farm operations. The choice of business entity affects liability, taxation, management, and succession planning. Therefore, selecting a business entity should be given a great deal of thought and attention. A brief overview of the various factors to consider when deciding on a business entity is presented here. The reader is encouraged to use this publication as a means to identify the many issues involved with selecting a business entity but is strongly encouraged to seek professional advice…Download full article here
