Sunday, January 23, 2011

Corporate Structure for Start Up Companies

Corporate structure is critical for successful growth. Ofen times, start up companies ignore or under appreciate the importance of proper growth structure and how the choice of an LLC or Corporation are critical for their growth purposes.

Start up companies that intend for key employees to be their shareholders/partners in the future should be careful. An improper decision can lead to litigation risks and hurt the growth of your company. One bad decision can ruin your company. The costs of litigation are difficult to estimate and often times, litigation will quickly kill your cash flow.

There are real differences between and LLC and Corporation. I will speak about the differences between an LLC and a Corporation at a later date.

Sean Robertson is an corporate and asset protection attorney based in downtown Chicago. He can be reached at (312) 498-6080 or Sean@RobertsonLawGroup.com.

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