Business Entity Selection and Set-Up

Choosing the form of entity of your Business is a crucial decision that can have longstanding tax implications, positive or negative. A&W Business Solutions, Inc can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.

Factors to be considered include: number of owners, number of employees, industry of company, amount of revenue, nature of business assets, history of litigation or potential for litigation, and the possibility of succession inside and outside of the family.

Typical entity options range from sole proprietorships, partnerships, limited liability corporations(LLC), limited liability partnerships (LLP), corporations, both S and C, and non profit entities. Each has its own special tax and legal implications.

Do you have a question? Do not hesitate to call A&W Business Solutions, Inc. for your free and no cost consultation.