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Welcome to the gritty inside truth to running your Main Street Business! Learn what it takes to start, run, scale, protect, and yes make a profit in your business from one of the leading experts in business today. Charles Musgrove has guided countless Main Street Entrepreneurs through the pitfalls of running a profitable business. Now he shares this business insight through Answers That Count. Through his unique life experiences and entertaining interviews, you will discover the answers to the questions you have been asking!
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Wednesday Oct 16, 2019
Wednesday Oct 16, 2019
A frequently asked question from owners of new and old businesses is about the type of entity that should be selected. Should it be an LLC ... single member or multi-member, or and S-Corp ... or a C-Corp? Consideration should be given to legal factors and tax factors before making the final decision about entity selection. In this episode, we talk with attorney Nicholas Fugate about the entity selection process and we even discuss whether your entity should be set up in Delaware, since it does have 'business friendly' rules.
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