Santa Ana - OC SBDC Legal Structure for Businesses

Description

One of the first decisions that you will have to make as a business owner is how the company should be structured. 
 
In making a choice, you will want to take into account the following:

• Your vision regarding the size and nature of your business
• Number of employees. Type of business operation
• Legal restrictions
• The level of control you wish to have
• The level of “structure” you are willing to deal with
• The business vulnerability to lawsuits
• Tax implications of the different ownership structures
• Expected profit (or loss) of the business and capital needs
• Whether or not you need to re-invest earnings into the business
• Length of business operation.