Friday, August 17, 2012

Choosing the Right Business Entity for Your Businesses


Operating, owning or starting a business is becoming increasingly complex. Good business planning, whether for new or existing businesses must take into account the legal issues the business will face and consider the best legal structure for the business in today’s regulatory environment.

There are practical and legal issues to consider carefully in choosing the correct type of business organization to meet your specific needs. Options include: sole proprietorship, corporation, partnership, limited liability company; and for professional businesses, a limited liability partnership. Your business purpose and management goals should be planned strategically to decide on the right business structure for your specific business goals. 

Once you decide on the legal structure of your business, an experienced attorney will draft the appropriate documents, policies and procedures you will need and advise you on legal compliance requirements to ensure that you follow the rules that apply to your business. There are different filing and regulatory obligations for each type of business organization.

For more information contact our law firm in Los Angeles at: 310.943.1171.

KAASS LAW is authorized to practice law in California.   The above content is intended for California residents only.  This content provides only general information which may or may not reflect the most current legal developments. KAASS LAW expressly disclaims all liability in respect to actions taken or not taken based on any of the contents of this website.