Ordinarily a business structure is defined as the classification of different organizations that has already been legally recognized and then established under an assumed jurisdiction especially being characterized through some kind of legal definition that suits the particular category ("Choose a business structure", 2019). Usually the business structure that is being chosen always encourages everything that falls within a firm’s or a company’s day to day functioning, to taxation and it also encounters on how much of the personal asset would be at risk if any such situation arises. It is therefore, always