Topic: Business Formation
Now that economic indicators appear to show future growth in the U.S. economy, many motivated business people are forming their own companies. Although these individuals are skilled in their particular profession, they often times are not aware of the ramifications in choosing the type of business entity. The way a business is structured is important for tax purposes, management harmony and maximum growth. An experienced attorney can explain the advantages and disadvantages of each type of business entity quickly and clearly. Every situation is slightly different and whether a corporation, LP or LLC should be created depends in large part on the type of business and the overall intentions of the owner. The Law Offices of Codi M. Dada provide a complimentary phone consultation to help you determine exactly what type of business entity you should form. 415-827-1425Choosing the correct business formation is important for tax, management and maximum growth.