Starting a business can be an exciting time but requires careful planning to avoid foreseeable pitfalls. Careful drafting of formation documents can provide stability as the business launches and can also prevent many future issues. However, there is no one-size-fits-all entity that works for all businesses.
Be it a corporation, limited liability company, partnership, or solo proprietorship, numerous factors must be considered to ensure as the correct entity is chosen for your new company. Chief among these considerations are tax implications (pass-through vs. corporate taxation), personal liability (limited vs. unlimited), and the ability to maintain control of the business. Additionally, founders should be educated on the rules regarding capital raising, as well as what, if any, fiduciary duties they owe and to whom. This webinar provides guidance on each of these considerations.
Michael A. Brandess, an attorney at Sugar Felsenthal Grais & Helsinger LLP in the firm’s Bankruptcy, Reorganization & Creditors’ Rights practice group, is consistently recognized for his dedicated and zealous representation… Read More
With his private practice and in-house experience, Jay Reilly, Counsel at Saul Ewing Arnstein & Lehr LLP, brings to clients a dual perspective of legal issues facing businesses. He has… Read More
Leslee Cohen, Principal at Hershman Cohen, concentrates her transactional practice in securities law, corporate finance and general corporate law. She counsels a variety of entities, from small entrepreneurs and start-up… Read More