S&W Startup Series: Choice of Entity
Our second workshop, "Choice of Entity," was led by Ben Armour and Brian Hammell, associates at Sullivan & Worcester.
Choosing the appropriate organizational form is a critical decision to be made by a new startup venture that could have long-term benefits and consequences. Whether founders elect to form a C corporation, S corporation, limited liability company, or other entity involves an analysis of business strategies and complex legal and tax-driven variables, and there is no one-size-fits-all approach. The presentation included a discussion of the factors that should inform the choice of entity decision as well as the consequences of selecting a given form.