Business Structure
BizWiz Consulting
Business Structure
Determining the appropriate legal structure for your business is the foundation for opreating properly. The structure chosen can affect the legal and financial liabilities of the business, as well as the ease of raising capital and the ability to bring on new owners or investors. It is important for a business to choose the appropriate structure based on its goals and needs in order to properly protect its owners and assets. This section should provide a clear and detailed picture of the company’s organizational structure and management, and how it will be governed and controlled.
BizWiz Consulting
Business Wizards are here to help
Our business structure services include:
- Registration process: Registering the business and obtaining any necessary licenses and permits.
- Outlining ownership: Identifing the individuals or entities that will own and control the business, including any shareholders, partners, or members as well as the percentage of ownership each will have.
- Managment description: Identifying the key management roles in your company and describe how they will be filled.
- Identify key advisors and partners: Which can include legal counsel, business consultants and accountants.
- Reviews and updates: review your business structure section and update it as necessary as your business evolves.
Types of structures
The types of business structure includes:
- Sole Proprietorship
- Partnership
- Limited Partnership (LP)
- Limited Liability company (LLC)
- Corporation
