Understanding & Choosing Business Entities (Sole Proprietorships, Partnerships, LLCs, Corporations)

In this comprehensive, attorney-led workshop, we will tackle the different business entity choices available to your small business. Whether you’re an aspiring entrepreneur, a seasoned business owner, or a professional navigating the corporate landscape, understanding the various types of business entities is crucial for making informed decisions and achieving long-term success.

Join us in-person, where we will explore each business entity type’s distinct characteristics, advantages, and disadvantages. Participants will gain valuable insights to help them select the right business structure for their ventures.

 Topics Covered:

• Introduction to Business Entities: Defining the Concept
• Choosing the Right Business Entity: Factors to Consider
• Sole Proprietorships: Pros & Cons
• Partnerships: Types and Considerations
• Limited Liability Companies (LLCs): Structure and Benefits
• Corporations: Incorporation Process, Legal Requirements, and Tax Implications

 Key Learning Objectives:

• Understand the different types of business entities and their respective features.
• Analyze the advantages and disadvantages of each business structure.
• Explore the legal and tax implications associated with various business entities.
• Gain insights into selecting the most suitable business entity for specific goals and circumstances.

Who Should Attend:

• Entrepreneurs and Start-up Founders
• Small Business Owners
• Business Consultants

Anyone interested in Business Entity Formation and Management

This informative workshop is offered at no cost and is being sponsored in partnership with the North Shore Alliance for Economic Development and the Massachusetts Office of Business Development (MOBD).

Presenter

Velinda Peralta Bolduc, Esq.

Velinda Peralta Bolduc is a dedicated legal professional with a passion for community empowerment and economic equity. Since joining Northeast Legal Aid in September 2023, Velinda has served as a Staff Attorney in the NLA Community Development and Entrepreneurship unit and in the NLA Low Income Taxpayer Clinic. In her work with NLA, Velinda serves entrepreneurs and organizations without the means to hire private counsel, increasing access to transactional legal services in Northeastern Massachusetts.
Velinda holds a J.D. from Suffolk University Law School and an MBA from Sawyer Business School. While at Suffolk Law, Velinda was a student attorney in Suffolk’s Transactional Legal Clinic. Under the supervision of a licensed attorney, Velinda represented local organizations and small businesses in transactional legal matters and developed her passion for community empowerment and economic equity.
Velinda is bilingual in English and Spanish.

Presenter

Jenny M. Eldred, Esq.

Jenny Eldred joined Northeast Legal Aid as a Staff Attorney in September 2023, where she provides free transactional legal assistance and compliance advising to local entrepreneurs through her role in the Community Development and Entrepreneurship unit. She is also works part-time in the NLA Low-Income Taxpayer Clinic, where she and the LITC team help individuals with state and federal income tax issues and teach free taxpayer education workshops in the local community.
In her work, Jenny is passionate about increasing the accessibility of transactional legal services and compliance advice for local small businesses. She also enjoys teaching practical legal workshops to empower entrepreneurs with the tools they need to prevent avoidable, costly mistakes.
Jenny holds a J.D. from Boston University with a concentration in Risk Management & Compliance. While in law school, Jenny was active in both the BU Civil Litigation Clinic with Greater Boston Legal Services and the BU Compliance Policy Clinic. She also holds a B.S. in Economics.