background preloader

Small Business Administration - Choose a Structure

Small Business Administration - Choose a Structure

How to Write a Business Plan Writing a business plan is an easy way to help create a focus for your business and educate others about it. A well composed business plan can be used to procure a loan and get investors. If you don't know how to write a business plan, then this page will help guide you through the process, step by step. A business plan is best described as a resume for your business. This page gives information on the most essential elements of a business plan including the Executive Summary, Company Overview, Market Analysis, Marketing and Sales Strategy, Operations Plan, Management Plan, and Financial Data.

Why Your Startup Company Will Need to be a C Corporation to Rais Choosing a startup’s legal entity can be a frustrating experience for the entrepreneur. Who has time to deal with the LLC, S-Corp, C-Corp, LP, GP, LLP & LLLP when you’re already buried with things like CSS, RoR, AJAX, PYTHON, PHP & ASP? Thankfully, if your startup is absolutely determined to raise venture capital, there’s only one viable legal entity decision your startup can make–the Corporation. Does this include S Corporations? No. While the S Corporation structure is a popular choice for entrepreneurs and other small businesses, it comes with regulatory limitations that do not make it a feasible vehicle for raising venture capital. S Corporations may only have one class of stock;S Corporation stockholders must be natural persons (except for some extremely limited circumstances); andS Corporations can not have more than 100 stockholders. Thus, the C Corporation will be the only type of corporation viable for a venture capital investment. Why not an LLC? 1. 2. 3. 4. The Conclusion

Corporate Structure : Is a C Corporation for Me? | MyWifeQuitHer I used to think that C corporations were meant only for large successful companies. When I think of C Corps, I think of big names like Microsoft, Google and IBM and definitely not a small business. In reality, it’s pretty easy to become a c corporation. Are You Ready For the Paperwork? C corporations require the most paperwork of all of the corporate structures. Do You Require Limited Liability? There are many other corporate structures that provide limited liability, so limited liability is generally not your primary concern when choosing a C Corporation. Is Your Business Profitable? If your answer is a resounding yes, then this is where the C corporation advantages truly start to shine. Do You Have More Than 75 Shareholders? If you plan on obtaining outside funding or giving out stock options to employees, you pretty much have to become a C Corporation in order to do so. Do You Want a Retirement and Medical Plan? Do You Need to Have Easy Access to Business Funds? How Do I Form A C Corp?

Related: