I think it all depends on the type of business you would like to pursue. For instance, if I wanted to pursue a company that produced medical devices, I’d want to have ownership of a C-Corp. With medical devices, you’d want to be able to expand your business, have shareholders anywhere, and the company’s life isn’t dependent on one owner. Also, when creating new products, you want the flexibility of being able to receive loans, or raising money by selling shares. The downside is the double taxation on money earned by the corporation.