Introducing the latest Sound Business Insights Podcast Episode 34 – Business Formation. In this episode, Dan discusses the process of business formation and what you need to know about the types of entities available here in California and how to choose the right entity for your new business. Dan Watkins shares from more than 40 years of experience the reason it is so important to work with an attorney during business formation if you are serious about your business. If you don’t intend to make money, you can download forms and go on the cheap. If you intend to conduct serious business, especially if there is going to be more than one owner, the advice and counsel of an experienced business formation attorney will be extremely valuable from the outset, and during the life of your company.
In Episode 34 – Business Formation Dan discusses the reason you have a business entity in the first place: the corporate veil. What is the corporate veil and why is this protection – the separation of the owners as individuals from the entity of the company – one of the most important issues to get right at the outset of starting your company?
Episode 34 – Business Formation covers everything from the types of business and corporate entities available in California to the differences between each type of entity and when you should consider it. Dan discusses corporate entities for healthcare and medical practices such as the California Professional Corporation as well as the Management Service Organization or MSO. In addition to a review of entities, Dan Watkins shares why it is so important to get the corporate documents right from the outset. What are the Articles, the Bylaws, the Operating Agreement or Shareholders’ Agreement (not to mention corporate minutes) and why are the clauses and options within these documents crucial to short and long term success? Are you serious about business? Disputes arise when companies make money. If you intend to make money you should spend a few moments with one of the most experienced business attorneys in all of Southern California.
If you are a San Diego or Southern California entrepreneur starting a new business or an existing company adding a new company to your constellation of entities we invite you to listen to our new podcast Episode 34 – Business Formation, review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
