Choosing the right corporate structure when starting a new business can be a daunting task. There are so many structures to choose from and so little good information out there to help you make the right choice. This is something that way too many entrepreneurs get wrong. I always ask first time founders why they chose the corporate structure that they are using and I almost never get back the right answer. In most cases the entrepreneur has chosen an LLC because someone told them that it is better from a tax perspective. And, that can be true, but often it is not. There is so much more to think about. Watch this video and learn about the choices you have and the factors you should consider before making this very important decision. See what we're all about here https://www.torreyproject.org/ LinkedIn - https://www.linkedin.com/company/35696052/ Instagram - https://www.instagram.com/torreyproject/ ___________________________________________________________________________________ We're a group of seasoned business leaders ready to make a mark for good. Our network of established global business leaders and senior executives share the belief that sustainable shareholder value is maximized when business owners and leaders practice a passionate commitment to serving employees, suppliers, shareholders, customers, local communities, the environment, and society at large.

A LLC or Limited Liability Company is a very popular corporate structure and is often chosen by entrepreneurs due to tax considerations as well as the flexibility that a LLC offers. Unlike a C-Corp, LLC’s can be structured to suit the needs and desires of the founders. What many first-time founders don’t know is that the rules that govern a LLC are very much up to the founders. In some ways it can act as like Pre-Nup for founders and can set forth how certain sticky issues will be handled in the future. So, what should a founder take into consideration when forming a LLC? That’s the key question. Watch this video to find out and Don’t Get Screwed! See what we're all about here https://www.torreyproject.org/ LinkedIn - https://www.linkedin.com/company/35696052/ Instagram - https://www.instagram.com/torreyproject/ ___________________________________________________________________________________ We're a group of seasoned business leaders ready to make a mark for good. Our network of established global business leaders and senior executives share the belief that sustainable shareholder value is maximized when business owners and leaders practice a passionate commitment to serving employees, suppliers, shareholders, customers, local communities, the environment, and society at large.

When B Labs created the Benefit Corporation, they created a whole new world of opportunity for entrepreneurs and business leaders. Benefit Corporations are legal structures, just like C-Corps and LLCs. They also have the potential to shield corporate directors and officers from frivolous lawsuits launched by shareholders who mistakenly believe that the sole purpose of a company is to maximize its short-term profits, regardless of the impact that might have on other stakeholders and even on the shareholders themselves, in the longer term. The problem is that not enough entrepreneurs have ever heard of a Benefit Corporation. Let’s change that today! Watch this video and learn why you should care about Benefit Corporations. See what we're all about here https://www.torreyproject.org/ LinkedIn - https://www.linkedin.com/company/35696052/ Instagram - https://www.instagram.com/torreyproject/ ___________________________________________________________________________________ We're a group of seasoned business leaders ready to make a mark for good. Our network of established global business leaders and senior executives share the belief that sustainable shareholder value is maximized when business owners and leaders practice a passionate commitment to serving employees, suppliers, shareholders, customers, local communities, the environment, and society at large.

Too many entrepreneurs form their legal entity way too soon! Most first-time entrepreneurs that David talks to cannot properly answer my question when he asks why they chose the particular corporate structure that they chose. Most say “I don’t know” or “I thought it was the best choice for tax” or “I thought it was the easiest way”. These are all bad answers! And this is a very important topic. These days, David Ferran is teaching entrepreneurs to slow down and understand all of the choices that are available to them, as well as the pros and cons of each structure. You need to know that there is no single “Right Answer” when it comes to selecting the most appropriate legal structure to house your next business. You need to stop and think about it. You need to ask some questions. Ultimately, you need to get this right. So, watch this video for a first step in developing your thinking about this critical subject. See what we're all about here https://www.torreyproject.org/ LinkedIn - https://www.linkedin.com/company/35696052/ Instagram - https://www.instagram.com/torreyproject/ ___________________________________________________________________________________ We're a group of seasoned business leaders ready to make a mark for good. Our network of established global business leaders and senior executives share the belief that sustainable shareholder value is maximized when business owners and leaders practice a passionate commitment to serving employees, suppliers, shareholders, customers, local communities, the environment, and society at large.