Once an entrepreneur has determined the goods or services the company will offer and whether there is a market for the product, a decision must be made on the type of business formation. Professional assistance from a lawyer will save the start up business person time and money. You should consult with an attorney before you decide what type of business is best suited for your company.
While each form has its advantages and disadvantages, our lawyers can help you determine which type of organization best suits the company’s needs at the outset. In California, your choices are basically limited to the following types of entities and derivations thereof:
- Sole Proprietorship;
- Limited Liability Company (LLC);
- Limited Partnership;
- General Partnership; and
- Limited Liability Partnership
For additional information on business formation Email or call us at 925-362-3364 for a free consultation.