Forms of Ownership
Are you launching a new venture or thinking about restructuring your current business, but feeling overwhelmed by the legal alphabet soup of LLCs, corporations, and partnerships?
Choosing how to structure your business is one of the most critical decisions you will make. It impacts everything from your daily operations and taxes to how much of your personal assets are at risk. Join the OCIE SBDC and guest speaker, Lucius C. Davis III, the Small Business Liaison in the Taxpayers’ Rights Advocate’s Office from The Franchise Tax Board, for this highly requested and essential presentation: Forms of Ownership.
In this clear, straightforward session, we will demystify the pros and cons of the most common business structures so you can confidently choose the one that aligns with your goals.
What You Will Learn:
- The Big Four: A deep dive into Sole Proprietorships, Partnerships, Corporations, and Limited Liability Companies (LLCs).
- Pros & Cons: The legal, financial, and operational advantages and disadvantages of each structure.
- Step-by-Step Filing: Specific, actionable instructions on the filing process and requirements for each ownership form.
- The Right Fit: How to evaluate your specific business needs to make the best, most secure choice for your future.
Who Should Attend? Aspiring entrepreneurs, new startup founders, and current small business owners are looking to formalize or change their legal structure.
Meet Our Presenter: Lucius C. Davis III is the Small Business Liaison in the Taxpayers’ Rights Advocate’s Office. He assists with the development of small business education and outreach programs in order to help business owners better understand their income tax requirements and responsibilities. He also provides information about the Franchise Tax Board’s (FTB) programs and services that are available to them.
*Only attendees who join the webinar live will gain access to the webinar recording and material.
