What will your business look like in one year, five or 10 years? In this two-part series, we'll explore what you must consider during the planning stages of any business enterprise.
Who will fund the business?
Capitalization is an important consideration when starting any business enterprise. Any entity can take on debt; however, the entity structure matters when taking on equity. A sole proprietorship, which is only funded by its owner, is the simplest capital structure. Conversely, a C corporation…