Choice of Entity: Basic Business Organizations in the U.S.

Establishing a business in the United States is hardly as simple as merely opening up shop, shipping your first order or launching your website. Rather, before any business can begin earning money, the founders and their advisors must determine what entity the business will become.

Of the various entity options available, each carries its fair share of benefits and disadvantages. Before a decision is made, a variety of factors must be considered. This course will discuss how to weigh these factors as you assist your client in preparing their business, structuring their organization and ultimately, deciding what entity to become.

Learning Objectives:

I.    Recognize and distinguish between the various business entity options

II.   Proceed through the weighing of entity-determinative factors

III.  Structure your organization in accordance with parameters set by your chosen entity form

IV.  Consider taxes, fiduciary duties and governance as steps pieces of corporate organization