Choosing the Right Entity Structure for Your Business
As a business owner, one of the most critical decisions you will make is choosing how your business will be structured. This choice will not only define legal implications, but also how your business will be taxed as well as your capacity for future growth.
Often times, we see businesses default to a Limited Liability Corporation or “LLC” simply due to the large amount of flexibility it offers – however in today’s tax environment, an LLC is not always the best choice as there are a variety of factors to consider when making this decision. You should start evaluating your company’s overall goals, including your financial projections, leadership style and how you envision your business to look in the future. It’s also important to keep in mind that even if your business was structured one way early-on, you can always undergo an entity conversion should you decide to evolve / change the structure down the line.
During this complimentary webinar, we will cover:
- An overview of different entity types including (LLC, S Corporation, C Corporation)
- Questions to ask yourself before you select your entity type
- Discussing the pros and cons of each entity choice
- Tax implications of each entity choice
- When to consider a conversion
- And more!
So, whether you’re planning to start a business and need some guidance on which entity type to choose or you’re already up and running but possibly thinking of a conversion – listen as we take a deeper dive into the various options available for you to consider.