What is the best type of business structure?

Note: although this could be thought of as being legal, im not searching for any specific advice, just peoples own experiences and ideas. Thats why i put it in this section.

I’m looking at the long term here and, after reading Rich dad’s quide to investing, feel that investing in a company structure might be better in the long run. I’m 18 and thinking ambitiously. I’ve read some posts where people have said ‘I wish I did things this way’ and am looking for guidance. Most business books I’ve read say the basics of starting a company but not much else.

The main things that intrigue me about this way are (and if I’m wrong, than sorry; im simply repeating some research.)
– you pay tax on the profits not the entire income and even then, you pay only 30% tax.
– You can provide, through your company, all sorts of fringe benefits that might free up your income.
– your not held as liable (although apparantly this is changing), you have the opportunity to sell the company at a later date.

Now hypothetically, if running under a company, would i have a better chance of obtaining finance? My income, with scholarship, is a measly $12’000 a year. I’ve read that if you show proof that the property could make a profit (such as showing the costs of before, and after, a reno) you might have a better chance. I was thinking that I could run the business part time (as suggested in Rich dad) while completing my studies, and after uni get into it full time once I’ve gained enough experience.

I’ve had difficulty finding information both online and offline, other than tax information.

Additionally, would a company be able to operate as a home based business?

I’d appreciate any information, and apologies if this has been placed in the wrong section.

~jade~