Do you know all of the possible types of business your startup could be? It’s probably not at the top of the list — but it should be. The legal formation of your business — or, in other words, the type of business you form — affects everything from the structure of your company to your personal and professional liability to how you pay taxes. It’s a lot — we know.

And when you’re setting up a startup, you have a lot going on. You have to figure out your market. You have to determine what you’re going to sell them. You have to create a website, social media presence, a blog. You have to pitch and find investment and, and, and…

The list is so long that it can be overwhelming. But if you’re committed to getting a startup going, then you’re com...