EP 53 - The Business of Building a Business

07/11/2024 22 min Episodio 53
EP 53 - The Business of Building a Business

Listen "EP 53 - The Business of Building a Business"

Episode Synopsis

To incorporate or not to incorporate is the question, a question with no definitive answer. In a world where starting a business has never been easier, choosing the right path can be overwhelming. A farmer or construction worker may have different considerations than a tech startup—but do they really? Today, we’re joined by the lively lawyer Sebastian Schmoranz from MSSH Lawyers. Sebastian will guide us through the intricacies of business structures, offering insights that can help protect both you and your future. 
Grab a seat and take a listen as your favorite neighborhood lawyer breaks down essential topics like: 
Should you incorporate? Key advantages and disadvantages 

Taxation and liability considerations 

Partnerships vs. sole proprietorships 

Transitioning between corporate structures 

Family business succession 

Share structure 

The role of a lawyer and accountant in business setup