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7 Pitfalls to Avoid When Choosing Your Business Entity and Name Which Can Cost You

7 Pitfalls to Avoid When Choosing Your Business Entity and Name Which Can Cost You

The Business Credit and Financing Show · Ty Crandall

June 21, 201839m 8s

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Show Notes

During this show, you will discover …

How your choice of company name can sometimes be the difference between getting business funding… or not

How the IRS treats sole proprietorships, partnerships, and types of corporations …

… and how they tax these entities

Plus how those entities fare when they are (often inevitably) sued

How shares are divided up and who owns what in a partnership, an LLC, and more

How the choice of your company's name matters

Why a too-generic name turns off your potential customers

How mashed-up and misspelled names look amateurish

Why some made up company names work, and others fail miserably

How your company name can flag you as being in a high risk industry …

… and you can lose out on funding that way

… and how you can fix that

Why considering what your business's name looks like as a URL matters to future customers and when it comes to building company legitimacy which lenders like

And much more...