As successful Orange County business lawyers, we know that the vast majority of business owners are entrepreneurial by nature, they want to see their companies grow and continue to be successful as their markets grow and change.

They understand that their business models often change over time to meet these challenges and therefore their company’s legal entity structure may also need to evolve accordingly.

What seemed to make sense at the start of forming a business may not best suit your company as it grows, changes, and matures. There are a lot of possible business entity options and alternatives.

Just some of the potential choices available to an entrepreneur include:

• Sole Proprietorships
• General Partnerships
• Limited Partnerships
• Limited Liability Companies
• S Corporations
• C corporations
• Nonprofit Corporations
• Benefit Corporations (B Corps)

Each one of these business entity types comes with its own particular set of requirements, obligations, and responsibilities.

While a basic understanding of the differences in these options can be gained from some elementary research on the Internet. Making a decision based upon a superficial understanding of the differences between the entity types and their implication for your specific business can be a risky proposition. This is especially true where millions of dollars of annual revenue may be at stake.

To make an informed decision a business owner is going to need to understand the intricate differences between the entities to make the correct or ideal selection for their particular business medal and priorities.

Orange County Incorporation Attorneys offer solutions to medium and small business owners so that they can make the best selection and transition to the correct business structure to allow their company to grow and maintain a smooth business life.

Depending upon the client’s location, whether they are in Orange County, California, or a completely different city and State such as Las Vegas, Nevada there are subtle differences between these options which are not apparent at first glance. We, therefore, specialize in tailoring our advisory legal services accordingly.