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Starting a New Business in Carlsbad or North County is More than Creating a New Entity

| Mar 11, 2014 | Business

If you are an entrepreneur with a start-up company or are in the process of forming a new company in Carlsbad, Oceanside or North County there are many things you should take into consideration.  It is not as simple as downloading a form, filing it with the State of California and getting a federal tax ID.  How you choose to structure your company is very important.  Should you choose an LLC, a C-Corporation, an S-Corporation or some other form of entity?  This depends upon many factors including (but not limited to) how many people are involved, the nature of the new business, how profits are to be distributed, how investment will be brought into the company (now and in the future), and tax ramifications.  Most importantly, you’re not registering a new company to create an entity and start into business.  You are setting up the personal and professional protections  necessary to keep you from being personally liable and losing all of your personal assets, your new business, as well as all of the time, hard work and money you’ve invested in this new venture.  Contact the experienced attorneys at The Loftin Firm, P.C. and we’ll help you to cost effectively structure your company to get it off the ground, and to thrive.

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