When starting a business one of the first decisions to be made is how it should be structured legally.
Each business needs to find their own legal structure. There are complex organizational structures (like corporations, limited or partnership) and choosing the right one is dependent on: the nature of the business; how many business owners there are; connection between owners and management; how formal one wants the structure to be; and more.
One must also consider investors when structuring their business and how involved they will be. Look at how the business entity will be maintained and how vulnerable they are to lawsuits. Tax implications of different ownership structures also must be considered.
These are just some of the issues those in business need to consider when structuring their company. IndyBaltimore has experience in all these matters and more.