Answered step by step
Verified Expert Solution
Question
1 Approved Answer
need a matrix charting the pro and cons and advantages and disadvantages for the following forms of company organizations: LLC S-Corporation C-Corporation Cost: what are
need a matrix charting the pro and cons and advantages and disadvantages for the following forms of company organizations:
- LLC
- S-Corporation
- C-Corporation
- Cost: what are the comparative costs of setting up?
- Ease: what are the relative costs for setting up each?
- Termination: what is the state requirement for continuity?
- Public Information:how important is it that your personal information is shared or not shared with the public
- Risk:what level of liability exists in the operation of the business based on the type of business itself what is the best form to insulate owners from personal liability
- Operation:what form best supports the intentions of the owners what is the best control risk balance form of operation
- Capitalization:is there a risk of undercapitalization what would be the impact will there be a need to raise capital to avoid increased liabilityis there a form that makes it easier to raise capital
- Selling: if owners wish to sell what form best accommodates that situation
- State Taxes:what are the tax liabilities from the state in setting up the business
- Expansion:which form provides the greatest flexibility in the event of expansion
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started