Dear Mr. Premack: Before I retired, I was a computer specialist for my employer. When I retired, I began to do private consulting work — some for my old employer, some for new customers. The living I make from consulting has been pretty good, and I wonder if it is time to formalize my business. What options exist to structure the business? – E.S. A business may be structured in one of three ways: as a Sole Proprietorship, as a Partnership, or as a Corporation. Each has differ