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Ep. 30 – The ABCs of Business Entities

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Manage episode 463879344 series 1431461
Content provided by The Prinz Law Firm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Prinz Law Firm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

You’re starting a new venture and it’s time to finally create your business as a formal legal entity, but what kind of entity do you choose: a corporation, an LLC, something else? Business counselors Katie Rinkus and Kristen Prinz decode the major differences among sole proprietorships, partnerships, corporations, and LLCs, providing insight into the benefits and drawbacks of each.

Katie and Kristen touch upon how to reduce personal liability, various tax classifications, and the differences among such roles as managers, shareholders, and officers. More than anything, they stress long-term thinking and the benefits of seeking out trusted expertise from a knowledgeable attorney.

Stay Connected & Learn More:

Read Katie’s blog on the ABCs of Business Entities

Katie Rinkus

Kristen Prinz

The Prinz Law Firm

  continue reading

89 episodes

Artwork
iconShare
 
Manage episode 463879344 series 1431461
Content provided by The Prinz Law Firm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Prinz Law Firm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

You’re starting a new venture and it’s time to finally create your business as a formal legal entity, but what kind of entity do you choose: a corporation, an LLC, something else? Business counselors Katie Rinkus and Kristen Prinz decode the major differences among sole proprietorships, partnerships, corporations, and LLCs, providing insight into the benefits and drawbacks of each.

Katie and Kristen touch upon how to reduce personal liability, various tax classifications, and the differences among such roles as managers, shareholders, and officers. More than anything, they stress long-term thinking and the benefits of seeking out trusted expertise from a knowledgeable attorney.

Stay Connected & Learn More:

Read Katie’s blog on the ABCs of Business Entities

Katie Rinkus

Kristen Prinz

The Prinz Law Firm

  continue reading

89 episodes

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