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Selecting the Right Business Entity

  • West Business Development Center 345 N Franklin Street Fort Bragg, CA 95437 (map)

Cost
$30 General Admission
$25 Women in Business or Chamber members
$20 West Center clients

Whether you are just starting a business or have owned your business for a while, all business owners need to understand the what, how, and why of the legal form under which your business operates.

A proper business entity selection can play a huge role in the long-term success of a company as well as determining the amount of personal liability that the owner (or owners, in the case of a partnership) will face in the event of a lawsuit or collection action.

Selecting the right entity can shield your personal assets from being taken to satisfy business-related or personal liabilities incurred by your fellow owners. There are pros and cons to every business entity selection, and what works for one business might not be the best fit for yours.

This workshop instructed by attorney Debra DeCarli can help you understand:

  • Why your business’s goal and priorities affect the business entity under which they operate

  • What are the legal ramifications of operating under various business forms

  • What is the big picture tax implication operating under various business forms

During this interactive Q & A program, you’ll learn the basics of each of the business legal forms to help you make the best business formation decision for your business. The Business Entities covered includes:

  • Sole proprietorship

  • Partnerships both General and Limited partnerships

  • LLC’s

  • Corporations, subchapter S and the common C type

  • Benefit corporations

  • LC3’s

  • And emerging business structures for socially conscious, mission driven business.

Instructor
Debra DeCarli practiced law in San Francisco, handling complex litigation all over the country before moving to Mendocino. She and her husband loved the beauty and the strong sense of community on the Mendocino coast. Her practice focuses on estate planning and helping local businesses. She excels at truly listening to people and translating what she learns into workable strategies and solutions. Whether advising individuals or businesses, Debra always starts with a discussion of short-term and long-term goals and priorities. Her practice focuses on estate planning and helping local businesses. She excels at truly listening to people and translating what she learns into workable strategies and solutions. Whether advising individuals or businesses, Debra always starts with a discussion of short-term and long-term goals and priorities.