Betty, Neuman & McMahon, P.L.C.
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business formation & planning Archives

Important considerations when selecting a business form

When starting a business, one of the most important decisions the entrepreneur will make is what business form to select. Entity formation can have a significant impact on the business at the beginning and throughout the life of the business so it is important to select wisely and carefully and for entrepreneurs and business owners to be familiar with their options.

How do you select the best business form for a new business?

Choosing a business form is an important process, which is why new business owners should be aware that legal resources can help ensure they get started off on the right foot. The type of business form selected can have an impact on your business for years to come, which is why it is essential to be familiar with the different business forms available and what your selection means for you and your business.

Selecting a business form is an important step

Setting up a business is a big step for many entrepreneurs and business owners. As a result, anyone starting a business should be familiar with legal resources and options available to them as they are establishing their business and choosing a business form.

Four steps to get started succession planning now

None of us will live forever, and most of us do not want to work forever either. If you own your own company, it is important to plan for your retirement or unexpected death. If your business is to be your legacy and continue beyond your involvement, you must engage in succession planning early enough to ensure your successor has all the necessary skills to replace you.

The importance of business formation

Selecting the best business form for a new business is one of the most important start-up steps. Oftentimes, this step can be overlooked and its importance undervalued but it should not be because the business form selected will impact taxation, management and liability concerns.

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Betty, Neuman & McMahon, P.L.C.
1900 East 54th Street
Davenport, IA 52807

Phone: 563-326-4491
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