Understanding the 5 Most Common Legal Forms of Business

 90 minutes

Learn the pros and cons of the 5 common legal forms of business and which one aligns best with your business goals.
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About the Webinar

Choosing the right legal form for your business is a critical step that impacts your operations, taxes and liability. Whether you're a new entrepreneur or looking to restructure your business, understanding the pros and cons of each form of organization is essential to making informed decisions.


In this webinar, our expert presenters will guide you through the five most common forms of business organization: sole proprietorship, partnership, limited liability company (LLC), corporation and S corporation. You’ll gain clarity on the legal and tax implications of each structure and learn how to evaluate which one aligns best with your business goals.


Learning Objectives:

  • Understand the basics of the five most common forms of business organization
  • Compare and contrast sole proprietorships, partnerships, LLCs, corporations and S corporations
  • Analyze legal and tax considerations for each business structure
  • Learn how to determine which form best suits your business objectives

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class materials
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Resources and Tools
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Harry Eng

Harry is a Master Mentor in the SCORE Fox Valley chapter. He is a Certified Public Accountant, Enrolled Agent and Fellow of the National Tax Practice Institute. He is a small business owner - first as a co-founding partner in a tax accounting firm and most recently as the sole practitioner of his own tax consulting CPA firm. Harry has used his knowledge and understanding of the tax laws and IRS workings to successfully represent and resolve clients’ tax issues, allowing them to get their financial lives back on track. He is a frequent speaker on tax-related business subjects.

Fran Zollers

Fran is a Master Mentor in the SCORE Fox Valley chapter. She is a Professor Emerita of Law & Public Policy at the Whitman School of Management at Syracuse University. She has also taught as a visiting professor at the Ross School of Business at the University of Michigan, the Wharton School of the University of Pennsylvania, the Kelly School of Business at Indiana University, and was a visiting scholar at the U.S. Consumer Product Safety Commission. Her specialty areas include intellectual property, technology law, entrepreneurship law, and business organizations.