Entity Selection

By: Barry E. Haimo, Esq. March 23, 2017 Why Choose a C-corporation Versus an S-corporation? While it’s great that you decided to incorporate your business, there are a few different types of corporate structures from which to choose. Below, please find some pros and cons of c-corporations versus...

By: Barry E. Haimo, Esq. March 9, 2017 Why Are a Corporation’s Governing Documents Important? Part 1 - Bylaws When you begin to set up a corporation – or any new business for that matter – you need to have a vision in place for where the business...

By: Barry E. Haimo, Esq. February 23, 2017 What Are the Different Types of Joint Ventures? If you are still trying to determine what type of partnership you want to form, look at the goals you are trying to achieve. This is where creating a joint venture may...

[caption id="attachment_5720" align="alignnone" width="300"] This multinational telecommunications company is an example of a joint venture.[/caption] By: Barry E. Haimo, Esq. February 9, 2017 Who Are the Parties in a Joint Venture? A joint venture is a unique type of business partnership that allows you to work together with another...

By: Barry E. Haimo, Esq. January 26, 2017 Why Form a General Partnership? Once you’ve developed the idea to start a business, you have some defining choices and decisions ahead of you. Let’s start with the framework of your business. With multiple owners, you can choose to incorporate...

By: Barry E. Haimo, Esq. January 12, 2017 Who Are the Parties in a Limited Partnership? So you’ve decided that your new business venture will take the form of a limited partnership (LP). You want passive income, protection of your assets, and flexibility for all of the partners...

By: Barry E. Haimo, Esq. December 29, 2016 Who Are the Parties in a Limited Liability Company? So you want to start a business and are thinking about forming a limited liability company (LLC). LLCs give their members the benefit of pass-through taxes in addition to providing a...

By: Barry E. Haimo, Esq. December 15, 2016 Why Form a Limited Liability Company? One of the most important decisions to make when forming a new business is the kind of business you want to form. Each structure has different pros and cons concerning liability, tax, and regulations...

By: Barry E. Haimo, Esq. November 22, 2016 What are the Governing Documents for a Joint Venture There are wonderful opportunities that can arise out of a joint venture (JV): sharing ideas, sharing customer bases, and growing your business with the help of another company. You can read...

By: Barry E. Haimo, Esq. November 15, 2016 What Are the Governing Documents for a Limited Partnership? So, you’ve decided to form a limited partnership. As you know, a limited partnership is a type of entity where the shareholders are comprised of general and limited partners. The general...