This past week was ENET’s (Boston’s IEEE Entrepreneurs’ Network) monthly meeting on legal and tax issues. I guess there’s no big reason to learn about those when starting a company. Who likes keeping their hard earned money anyways? Did you catch that?
Decisions made in the early stages of forming a company are critical to the company’s future. From forming as an LLC, C corp or S corp, there are pros and cons that must be fully understood to prevent things such as double-taxation (don’t we pay enough?), unnecessary liabilities, and future investments. Now all of these can’t be laid out in a single article, and even so I’m not qualified to do so. I happen to know a few people that would be qualified and ENET is the place to meet them. It’s good food for thought.
The next meeting will be January 3rd from 7:00 – 10:00PM at the Foley Hoag Emerging Enterprise Center, 1000 Winter Street, Suite 4000 (north entrance), Waltham, MA and will be on Creating a Technology Services Company. The meeting is sure to be an exciting one and will feature none other than Valentina Rosa, founder & CEO of TRA360, and a panel of seasoned entrepreneurs. If you’re interested in the topic or just in networking with the best group of professionals in Boston, ENET is the place to be.