i think it’s important when starting the
business and understanding what might be
the best type of business for
for you to form is build a team have
your attorney
an accountant and a banker usually that
can help guide the setup process and
take the time to do it right oftentimes
when business disputes arise it’s
because the owners haven’t taken the
time at the beginning to have a solid
foundation to build their business
around and that foundation involves your
attorney to set up the entity correctly
and have the appropriate governing
documents it involves having your
accountant be able to guide you through
the tax
advantages and pitfalls of the different
entity and having a good business
relationship with your banker
if there are lending needs that your
business might need but it’s important
to make sure that you build that proper
structure rather than just diving in and
saying well we can we can deal with this
later when you take that approach that’s
oftentimes
when problems happen and litigation
becomes inevitable