Selecting a Legal Entity: A Brief Guide for the Media Entrepreneur
Congratulations on being in business! You have probably dreamed of startingy your own internet, media or entertainment business. On of the thing that you need to decide is what kind of legal entity you are going to use to conduct your activities.
There are four basic forms of business organizations to choose from: sole proprietorships, partnerships, corporations and limited liability companies. Before selecting the form best for your business, you should keep in mind:
Potential tax implications and savings depending on type selected
The legal protection of your personal assets and how to reduce the amount of personal risk
The benefits and drawbacks of each type of legal entity
The impact of state law on legal entity selection and the related filing requirements
In order to receive my free guide, please complete the form on the righthand column. If you have any questions, we would be pleased to assist you with selecting a suitable legal entity. Contact Jack Craven at (212)786-7476