Forming a business? The choices you make today can have important implications later, so it’s worth the time to set it up right.
While you don’t need to form a business entity to start a business, there are a couple of reasons why you might want to do it. First, forming a business entity helps protect your personal assets from the liabilities of the business. Second, having a business entity helps with raising funds and sharing ownership and governance rights.
What kind of business entity is right for my business? C-Corporation? S-Corporation? LLC?
Choosing the right business entity depends largely on how your business is likely to generate revenue and how to you plan to fund it. The Law Offices of Geoff Wiggs can help guide you through this process and ensure that the decisions you make today will benefit you in the future.