Have you ever thought of setting up your own child care business? When setting up a new child care program, one of the first decisions is what kind of business you actually want to start. Not all businesses are created equal in terms of taxes and regulations so it is important to understand the differences between each before you sign on the dotted line. In this video, the president of an organization describes the three different types of businesses and the categories within those. While you are watching, think about both potential business structures and types of business corporations.

Which one of the business structures does Mr$.$ Anderegg say is the most complicated to set up initially? Why is this business structure complicated?