Let's say you plan to sell a few vintage buttons in you spare time.  There is no high liability risk with selling vintage buttons and you don't plan to sell a lot as you only come by them now and again.

In this scenario you may not need a full on corporation.

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However, if you plan on selling large quantities by the cases to be used on children's clothing, then you may have a higher risk element.  Are the buttons fire resistance? Are they small enough to swallow?  You may want to consider going with a business structure that will protect your personal assets in a lawsuit.

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Think of the three little piggies and their choice of home structure.  You need to make sure that you are structurally sound not just in the event of a lawsuit, but also for tax purposes.  Different structures are taxed differently and you need to ensure that your structure does not cause you financial ruin at tax time. 

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Click on the drop down under the business structure tab to review common structures!