LLC, S Corp, Partnership, or Corporation? What Every Entrepreneur Needs to Know - Online
Choosing the right business entity is one of the most consequential decisions a new business owner will make—affecting liability exposure, tax treatment, management control, and the ability to bring on or buy out owners down the road. This seminar provides a practical framework for navigating that decision. We'll compare the major forms of business organization—sole proprietorships, general and limited partnerships, corporations, and limited liability companies—across the factors that matter most: liability, taxation, control, transferability, and continuity. Along the way, we'll examine why S corporations and LLCs have become the default choice for most closely held businesses, and we'll walk through a popular planning structure that pairs an LLC for real estate with an operating S corporation. Beyond entity selection, the program covers related legal issues every new business owner should understand, including the limits of limited liability (and how the corporate veil can be pierced), shareholder agreements and succession planning, the mechanics of loan guaranties, and key startup obligations such as employment taxes—where owners can face personal liability. Whether you're starting a new venture or advising those who are, you'll leave with a clearer understanding of the options and the trade-offs. Who should attend: Entrepreneurs and prospective business owners.
Speaker(s): Cheek Legal, PLLC
Co-Sponsor(s):
All webinar attendees must be real individuals. The use of Al bots or automated scripts to join, interact, or engage in discussions is strictly prohibited and will be removed if and when identified.
Fee: No Cost