Organization & Management

  • Should I structure my business as a corporation, a partnership or a proprietorship? What are the relative advantages and disadvantages?

  • What is an "S corporation"? How does it differ from a "regular" corporation?

  • What kind of people should I ask to join my board of directors? How often should I hold board meetings and how should they be structured?

  • When I need larger quarters for my manufacturing/warehousing/office operations, how should I acquire the space? Should I buy or lease?

  • What kinds of questions should I ask when I negotiate my lease?

  • If I buy a commercial property should I put it in my name, my spouse's name, my children's name or my company's name? What are the relative advantages and drawbacks of each approach?

  • Is it a good idea to hold management retreats? How should these sessions be structured?

  • When does a business need a full-time controller? What background should she/he have? Can you suggest guidelines for hiring the right person? Can you help me to identify appropriate candidates?

  • When do I need an internal audit function?

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