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Start-up Business Structures: Picking the Ideal Legal Entity

  • Broadcast in Entrepreneur
Business Confidential

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You’re starting a new business and aren’t sure whether it should be a corporation, or maybe just a partnership, or even a proprietorship?

If a partnership, what type? A general partnership? A limited partnership? A professional limited partnership?

If a corporation, what type? An S corporation? A C corporation? Or maybe, an LLC?

The alphabet soup gives you a headache and it’s tempting to put off a decision because getting your business off the ground is a lot more fun.

Hanna Hasl-Kelchner, Esq., ivy-league trained business expert and strategic lawyer, explains why delaying this important decision could be one of the biggest business mistakes you can make. You’ll also discover the essential factors you need to focus on when picking your ideal business structure so that you can create a foundation that will support the business of your dreams.

Hanna is a best-selling author whose ground-breaking book, The Business Guide to Legal Literacy: What Every Manager Should Know About the Law, is cited by Wikipedia to highlight the bottom line value of legal literacy. She also the co-author of the best-seller Champions: Knockout Strategies for Health, Wealth, and Success From Today’s Leading Experts and founder of the Legal Leverage Academy.

 

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