What level of liability exists in the operation of the business based on the type of business itself?What is the best form to insulate owners from personal liability?

Create a Matrix chart,Assignment: Corporate Organization

1. Cost: what are the comparative costs of se$ng up?

2. Ease: what are the rela!ve costs for se$ng up each?

3. Termination: what is the state requirement for continuity?

4. Public Information: how important is it that your personal information is shared or not shared with the public

5. Risk: what level of liability exists in the operation of the business based on the type of business itself?What is the best form to insulate owners from personal liability?

6. Operation: what form best supports the intentions of the owners? What is the best control risk balance form of operation?

7. Capitalization: is there a risk of undercapitalization? What would be the impact?Will there be a need to raise capital to avoid increased liability? Is there a form that makes it easier to raise capital?

8. Selling: if owners wish to sell,what form best accommodates that situation

9. State Taxes: what are the tax liabilities from the state in se$ng up the business

10. Expansion: which form provides the best flexibility in the event of expansion