Pro Tip: Choosing the Right Legal Entity For Your Business from Start Small Think Big on Vimeo.
The importance of legal entity choice has never been more important when structuring your small business. We paid special attention to child care providers although this webinar is applicable to all business owners.
This webinar was a part of Start Small Think Big! and Small Business Majority’s Small Biz Pro Tip Series where we offer free legal expertise to growing business owners in California. Facilitated by a lawyer, this workshop was designed to give you an overview of the various legal structures that are available to you if you decide to start your own child care business (e.g., LLC, C-Corp, S-Corp, Sole Proprietorship, etc.). We also discussed the legal and tax consequences of each entity. This workshop is an important first step in choosing the legal structure that works best for a child care business.
Topics Include:
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An overview of Sole-Proprietorships, Limited Liability Corporations (LLC), C-Corps and S-Corps
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Why forming an S or C Corporation only makes sense for a small number of child care providers
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Best legal structures for at home daycare providers and out of home daycare providers
Free resources for your small business
PRESENTATION DECK AVAILABLE HERE
This presentation is current as of October 22, 2020. The contents of this presentation and the topics we discuss today are not comprehensive, should not be construed as legal or tax advice, and should not substitute for a consultation with an attorney and/or an accountant. These materials are for educational purposes only. Nothing contained herein creates an attorney-client relationship with Start Small Think Big. This presentation is proprietary and may not be recorded, photographed, reproduced, or distributed without prior written consent of Start Small Think Big.
