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The Very Basics: Forming the Business

A free on-demand webinar from Financial Poise.

Webinar Overview

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So, an entrepreneur wants to start their own business. One of the first decisions required is to choose a legal structure for the business and the jurisdiction of the organization. What factors should be taken into consideration prior to selecting a legal structure and jurisdiction? Does a sole proprietorship, partnership, limited liability company, or corporation (C- or S-Corp) make the most sense?

This webinar focuses on business formation and the pros and cons of different legal structures. It includes tips on how to keep an entrepreneur’s personal assets safe from the claims of future business creditors.
Learning Objectives:

  • Understand the importance of choosing an appropriate legal structure for a new business
  • Identify the various legal structures available (sole proprietorship, partnership, limited liability company, corporation)
  • Analyze the pros and cons of each legal structure and how they impact business operations
  • Evaluate factors influencing the choice of legal structure and jurisdiction
  • Recognize the implications of legal structures on personal asset protection from business creditors
  • Gain insights into best practices for forming a business entity and ensuring compliance with legal requirements

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