Knowing the ins and outs of business formation and getting things right from the start can save time, money, headaches and liability down the road. In this step-by-step guide, we cover: -Choosing a business entity: LLC, S Corp., C Corp. or Partnership? -Selecting a business name. -Creating a business plan. Whether you’re a traditional employee with a side business, a new contractor being hired by other companies, or an entrepreneur who is taking book will help you. Lynn Williams is an attorney whose specialties include employment law, government contract and general business litigation, and animal rights. She is licensed to practice law in Maryland, Virginia and the District of Columbia. Susan G. Parker is a tax attorney who specializes in estate planning, elder law, probate, and business planning. She is licensed to practice law in New York and Florida.