Understanding & Choosing Business Entities (Sole Proprietorships, Partnerships, LLCs, Corporations)

Description

In this comprehensive, attorney-led workshop, we will tackle the different business entity choices available to your small business. Whether you’re an aspiring entrepreneur, a seasoned business owner, or a professional navigating the corporate landscape, understanding the various types of business entities is crucial for making informed decisions and achieving long-term success.

Join us in-person, where we will explore each business entity type’s distinct characteristics, advantages, and disadvantages. Participants will gain valuable insights to help them select the right business structure for their ventures.

 Topics Covered:

• Introduction to Business Entities: Defining the Concept
• Choosing the Right Business Entity: Factors to Consider
• Sole Proprietorships: Pros & Cons
• Partnerships: Types and Considerations
• Limited Liability Companies (LLCs): Structure and Benefits
• Corporations: Incorporation Process, Legal Requirements, and Tax Implications

 Key Learning Objectives:

• Understand the different types of business entities and their respective features.
• Analyze the advantages and disadvantages of each business structure.
• Explore the legal and tax implications associated with various business entities.
• Gain insights into selecting the most suitable business entity for specific goals and circumstances.

Who Should Attend:

• Entrepreneurs and Start-up Founders
• Small Business Owners
• Business Consultants

Anyone interested in Business Entity Formation and Management

This informative workshop is offered at no cost and is being sponsored in partnership with the North Shore Alliance for Economic Development and the Massachusetts Office of Business Development (MOBD).