Entity Creation

. . . Did you know?

"Piercing the corporate veil has become the most litigated issue in corporate law today. In every case, the plaintiff's intent is to acquire not only the company's assets but the owner's personal assets as well. And at least half of them will win."

- Wake Forest Law Review
Similar to consumer products, business entities come in all shapes and sizes. ranging from a C corporation, S corporation, limited liability company, general partnership, limited partnership, limited liability partnership to a sole proprietorship, to name a few. Common considerations that influence the selection of a business entity include:
  1. Business Objectives
  2. Tax Implications
  3. Legal Considerations
As part of the Next Step Audit, Venture Partners will consult with the business owner or owners and review the goals for the business.

Weighing the pros and cons of various business entities, Venture Partners will explain the advantages in flexibility that an LLC, S corporation or partnership may provide as well as how to avoid needless complexity. After the corporate goals are clearly understood and the proper entity structure has been decided, Venture Partners will create and govern your customized entity