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November 05, 2003
Even More Reason to Choose an S-Corp
I have always been a strong advocate of using S-corps for start-ups. Even with the advent of the LLC, I still usually favor the more simple S-Corp. There is so much more case law with the C-corp, and I never want to see my friends names end up in IRS cases! I almost never recommend starting with a C-corp, unless a quick public offering is planned. This article offers additional support for my bias.
Posted November 5, 2003 11:06 PM
at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
