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Business 101: Structuring your Business

Your Price:$59.00
Video Series


Once you have decided to start a business, you will then need to set yourself up for success. An important part of the equation is determining your business structure. The second part in our business series will help you decide if you should function as a sole proprietor or a partnership, or if you are best served starting a limited liability company or corporation. This decision is a very important one for liability and taxation reasons.

This course looks at the benefits and risks of setting up a business structure. It reviews full liability and limited-liability business structures. Should you start an LLC or a simple corporation or is a limited liability partnership a better solution? Learn the tax implications, costs, and management requirements for all for profit US businesses.
  • Details

Part One

  • Choosing an ownership structure and understanding liability
  • Sole proprietorships
  • General and limited partnerships
  • Limited liability companies (LLCs) vs. limited liability partnerships (LLPs)

Part Two

  • Understanding corporation structures, benefits, and risks
  • Requirements of shareholders and the designated Board of Directors
  • For-profit vs. not-for-profit corporations
  • C-corps vs. S-corps – benefits, risks, protections, qualifications, and related legalities

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