{"id":101,"date":"2025-06-24T20:28:40","date_gmt":"2025-06-24T20:28:40","guid":{"rendered":"https:\/\/denisontexaslaw.com\/?page_id=101"},"modified":"2025-06-25T20:38:39","modified_gmt":"2025-06-25T20:38:39","slug":"corporations","status":"publish","type":"page","link":"https:\/\/denisontexaslaw.com\/?page_id=101","title":{"rendered":"Corporations"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Corporations &amp; Business Law<\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p class=\"wp-block-paragraph\">One of the most important decisions when starting a business is what type of business organization to form.  Do I form a sole proprietorship, a partnership, a limited partnership, a corporation, or a limited liability company?  The choice of entity is impacted by the type and nature of the business, the personal financial situation of the owners, the risks associated with the business, the availability of insurance for the business, and the need to continue the life of the business.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p class=\"wp-block-paragraph\">There may be advantages and disadvantages to each type of entity depending on the type of business being formed.  The main benefit of incorporation is to limit the liability of the owners.  If the business needs capital from non-active investors, the need for limited person liability if great.  Once the business is incorporated, the business must follow the formalities of the corporation and keep appropriate records.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p class=\"wp-block-paragraph\">Donald M. Banman will help you to form your Corporation of Limited Liability Company (&#8220;LLC&#8221;).  Don will also help you with Business Contracts and Buy-Sell Agreements.  Call to schedule a consultation today, (903)463-0008.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Corporations &amp; Business Law One of the most important decisions when starting a business is what type of business organization to form. Do I form a sole proprietorship, a partnership, a limited partnership, a corporation, or a limited liability company? The choice of entity is impacted by the type and nature of the business, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-101","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Corporations - Banman Law Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/denisontexaslaw.com\/?page_id=101\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporations - Banman Law Office\" \/>\n<meta property=\"og:description\" content=\"Corporations &amp; Business Law One of the most important decisions when starting a business is what type of business organization to form. 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