Independent coverage for America's merchants
ALL STATE MERCHANTS

INSIGHTS FOR SMBS AND SMES

Starting business consultation graphic — supplied illustration for Craig A. Fine legal commentary
Business Law

Before Forming a Business, Agree on How the Owners Will Work Together

Choosing a business structure begins with understanding how the owners intend to work together. A productive initial discussion needs more than a proposed company name. It needs clarity about responsibilities, contributions, decision-making...

1 min read

Choosing a business structure begins with understanding how the owners intend to work together. A productive initial discussion needs more than a proposed company name. It needs clarity about responsibilities, contributions, decision-making and the questions still unresolved.

Prepare a plain-language outline of the planned business and the roles of its participants. List existing commitments and documents that may affect the discussion. Avoid treating a generic online form as a complete account of the business’s needs.

The Craig A. Fine business formation and structuring practice guide explores the questions owners should bring to a formation and structuring discussion. Readers can consult the official biography for professional background. This preparation guide does not recommend an entity type or determine tax or legal consequences; those decisions depend on the owners’ particular circumstances and appropriate professional advice.

Craig A. Fine, Esq.
About the author

Craig A. Fine, Esq.

Attorney and founder of The Law Office of Craig A. Fine, P.C., licensed in New York, New Jersey and Florida. Contributor covering residential and commercial real estate, business law, contracts, landlord-tenant matters, litigation, wills, trusts and estate planning.

NYNJFloridaReal EstateBusiness LawEstate Planning
Related Coverage

Continue reading

Subscribe to AMS

Get AMS articles by email. Confirm your subscription through WordPress.com.

Contribute to AMS

Share your professional experience with retail, online and mobile business owners.

Open contributor application
Add a writing sample, profile or photo (optional)

JPG, PNG or WebP, up to 5 MB.