When a person is forming a business there are many type of business entities to consider including:
- Sole Proprietorships,
- Partnerships and variations of each.
MJ Wieser Law provides you with experienced guidance to understand the pros and cons of each type of business entity with respect to the plans and goals of your unique business. Important considerations include:
- potential for third party investment,
- relationship of principals,
- protection from personal liability
- and many others.
This is also the time to define the legal relationship among the company’s founders to set forth expectations and the process for future change.