Corporate Structure, also called Corporate Governance, deals with the professional and legal organization of your business. When creating a business, one of the earliest and most fundamental decisions is settling on the appropriate Corporate Structure. Initially, the choice may seem rather abstract, but the consequences become very real when doing taxes, applying for loans, courting investors, or in a court of law. Consulting a Small Business Lawyer or a Corporate Structure Attorney can be very beneficial at the early stages in the process.
While changing the organization structure of a business is possible, it can be both costly and complicated. It is advisable to fully understand the various Corporate Structures that are available and the ways in which they will affect future business dealings before making a final decision. The primary business structures are LLC, corporation, partnership, sole proprietorship, and non-profit. Each provides an organization structure with benefits and drawbacks for any business model. Whether your corporate governance question deals with choosing a Board of Directors, Chief Executive Officer (CEO), or Chief Financial Officer (CFO), or small business issues, such as choosing a name, or the benefits of incorporating, a Business Lawyer can provide answers and help you steer you business on the right path to growth.
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Childwold Corporate Structure Resource Center
Sole Proprietorships
A guide to Sole Proprietorships.
Partnerships
A guide to Partnerships.
Corporations
A guide to Corporations.
Limited Liability Companies - LLCs
A guide to Limited Liability Companies (LLCs).
Non Profits
A guide to Non-Profit Organizations.
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