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Attorney Carrie Campbell with Mounger & Campbell will guide you through the process of starting your own business.

Session #1: There are many options for structuring a new business.  These options include sole proprietorship, general partnership, limited partnership, limited liability company (LLC), S-corporation and C-corporation.  In determining which of these structures is the best fit for your particular enterprise, there are 6 elements to consider:  (1)  the start up costs, (2)  management, (3) liability, (4) taxes, (5) flexibility and (6) termination.  Each situation is different and must be carefully balanced to maximize the potential for success.  In this session we will discuss the difference between the most common business structures and compare them using the 6 elements of consideration.