Among the factors you should consider, include the manner in which each entity is taxed, and the potential legal liability that can result from (or that can be avoided by) each form; how the entity’s activity might impact the environment and the community; whether investors’ interest should trump the interests of others who may be impacted by the entity’s activities; etc. Be sure to consider all legal business forms covered in the course materials, including differentiating types of partnership and corporate forms.