At the beginning of each year, as people seek to fulfill their new year’s resolutions, our clients often consider future opportunities and the prospect of creating their business entity. The task can seem daunting with the myriad of forms to be filed with the respective Secretary of State, Division of Corporations, or IRS. Additionally, banks require documentation prior to opening a business operating account and investors may want to see some level of formality prior to engaging in funding discussions.

As a result, when forming a business it’s imperative that you thoughtfully consider the type of entity you form, how to avoid deadlock, structure of ownership, good standing, and tax treatment of your business. Once you’ve had the opportunity to consider the alternatives and options, RR&A can help guide and shape your formation in a practical way that mirrors your independent vision rather than copying the same outdated, one-size-fits-all form.