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Wed, Jan 10

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Webinar

Lunch Club: Choosing the Right Legal Structure for Your Small Business

Join us for an insightful hour-long webinar designed to empower small business owners with the knowledge they need to make informed decisions about legal structures.

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Lunch Club: Choosing the Right Legal Structure for Your Small Business
Lunch Club: Choosing the Right Legal Structure for Your Small Business

Time & Location

Jan 10, 2024, 12:00 PM – 1:00 PM

Webinar

About the Event

Join us for an insightful hour-long webinar designed to empower small business owners with the knowledge they need to make informed decisions about legal structures. Whether you're just starting out or looking to reevaluate your current business setup, understanding the various legal structures is crucial for long-term success.

Presented by Matt Jock with the U.S. Small Business Administration West Texas, he'll cover these key topics:

1. Introduction to Legal Structures: Explore the different legal structures available for small businesses, including sole proprietorship, partnership, limited liability company (LLC), and corporation. Understand the implications each structure has on liability, taxation, and management.

2. Pros and Cons: Gain insights into the advantages and disadvantages of each legal structure, helping you assess which one aligns best with your business goals and aspirations.

3. Liability Protection: Learn how different legal structures can shield your personal assets from business liabilities, providing a comprehensive overview of risk management.

4. Choosing the Right Fit: Understand the factors influencing the choice of a legal structure, such as business size, industry, growth plans, and ownership preferences. Get tips on how to evaluate which structure is the best fit for your unique circumstances.

5. Steps to Establishing Your Legal Structure: Walk through the practical steps involved in setting up your chosen legal structure, including registration processes, compliance requirements, and ongoing responsibilities.

6. Beneficial Ownership Information Reporting: Get an update on this new federal rule that requires ownership disclosure of LLCs and corporations.

7. Q&A Session: Engage with our expert presenter during a dedicated question and answer session. Get personalized advice on specific concerns or uncertainties you may have regarding legal structures for your small business.

Who Should Attend:

• Small business owners and entrepreneurs

• Start-up founders

• Freelancers and independent contractors

• Anyone considering a change in their business structure

By the end of this webinar, you'll have the knowledge and confidence to make informed decisions about the legal structure that best suits your small business, setting the foundation for long-term success and growth. Don't miss this opportunity to navigate the legal landscape with clarity and purpose. Register now to secure your spot!

Lunch Clubs are a monthly opportunity to learn new skills to grow you business in less than an hour! Co-hosted by America's SBDC at WTAMU and the WT Enterprise Center, departments of the Paul and Virginia Engler College of Business at West Texas A&M University.

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