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When to Change Your Business Structure

When to Change Your Business Structure

By Nina Kaufman, Esq.

Now is a great time to reevaluate whether the business entity you’ve chosen for your company still meets your needs. What may have worked at the beginning may now leave you exposed. You may have outgrown your business entity, much like a seedling can outgrow the pot you planted it in. Or — like some of my clients — you may have created new divisions of products and services that took on a life of their own and need to stand independently. “Which business entity should I choose?” is often the first legal issue that comes to the mind of small business owners. But the way they go about deciding is often like trying to hammer a square peg into a round hole. They try to make their business fit a particular form, rather than determine which form best fits the business. So rather than asking “S Corp versus LLC?” a better place to start is by asking yourself questions about your business and where you want to take it. You need to weigh and…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.