To INC or Not to INC?

When is the right time to incorporate? What are the benefits? The decision to establish a legal entity for your business adds cost and complexity. Deciding which type of entity is right for your business is also complicated. Should it be an S-Corp or a C-Corp? Does a Limited Liability Company (“LLC”) make more sense?

This workshop provides an overview of the costs and benefits of the different types of legal entities and helps you sort out from the legal maze what’s right for your company.

Considerations in choosing the form for your business:

1. What is your liability exposure? (worst case scenario)
2. Can insurance or contracts reduce your exposure?
3. How many people are involved?
4. Do you plan to raise capital?
5. Do you plan to hire employees?
6. Will your company lose money in the early years?
7. Do you plan to sell your business?

Information provided on this website is intended for a general overview and
should not be construed as legal advice for a particular situation.