Unfortunately, there are no pre-determined answers for which type of corporation you should select for your business. For example, just because a similar type of business is best suited as an LLC does not mean that your business should be an LLC (Limited Liability Company). Tax consequences could easily have you paying $6,800 or more just to the State of California annually!
This is a complex decision that should be discussed with a certified tax professional. It’s important to make sure you understand the possible tax and legal ramifications of the decision. Your desires, needs, and characteristics of your business including partners and long term goals are just a few of the factors when deciding on which type of corporation to select.