The firm offers business planning services to assist clients with the increasingly complex task of choosing an entity form under which to operate their business. In advising clients we consider such factors as (1) the appropriate state law jurisdiction (e.g., Texas, Delaware, Nevada), (2) the preferred entity form based on the type of business operations, the level of owner liability protection and the applicable state tax treatment (e.g., corporation, limited partnership, LLC, LLP), (3) the desired federal income tax treatment (e.g., separate corporate taxation, flow-through tax treatment, or disregarded entity treatment), (4) the applicable state and federal administrative law requirements peculiar to the client's industry and (5) the expectations of pertinent third parties (e.g., investment banks, venture capital funds). After analysis of such factors and the personal preferences of the client, the firm structures the entity form for the client.