Choosing the Right Business Structure
Choosing the Right Business Structure: What You Need to Know
Starting a business is an exciting journey, but it also comes with critical decisions that can impact your success. One of the most important choices you’ll make is selecting the right legal structure for your business. Should you keep it simple as a sole proprietor? Is an LLC the best choice for protecting your personal assets? What about corporations or partnerships?
To help answer these questions, the New Growth Women’s Business Center recently hosted a free webinar featuring Don Seitz, Director of the Entrepreneurship Legal Clinic at the University of Missouri School of Law. In this informative session, Don walked participants through the different types of business legal structures, their advantages and disadvantages, and what to consider when making your decision.
Key Takeaways from the Webinar:
✅ Sole Proprietorships – The simplest structure, but it offers no legal separation between you and your business.
✅ Limited Liability Companies (LLCs) – A popular choice for small businesses, providing personal liability protection while keeping things flexible.
✅ Corporations – Best suited for businesses planning to scale, but with added complexity and regulatory requirements.
✅ Partnerships – Great for businesses with multiple owners, but requiring clear agreements to avoid future conflicts.
✅ Operating Agreements & Legal Considerations – Essential documents and best practices to protect your business and your future.
If you’re in the early stages of starting your business or considering restructuring your current one, this webinar is packed with valuable insights to help you make informed decisions. Plus, Don provides a step-by-step walk through of setting up an LLC, making it easier to understand the process and take action confidently.
Watch the Full Webinar
Get all the details and expert guidance by watching the full recording of our Business Startup Legal Structures webinar.
For more business resources, one-on-one counseling, and future webinars, connect with the New Growth Women’s Business Center today!
📞 Call us at: 417-282-5936
📧 Email: wbcinfo@newgrowthmo.org
🌐 Visit: www.newgrowthmo.org