Business Formation

Entrepreneurs - New Business Start-ups


Embarking on the journey of starting a new business is an exciting venture, and making informed decisions from the outset is crucial to long-term success. Choosing the right business formation is a pivotal step, and at Claremont, we understand that the decision involves careful consideration of various factors. Before you take the plunge, consult with us — we're here to guide you through the complexities of business formation and help you make the choices that align with your specific business needs.

Understanding Business Formation
The type of business formation you choose has far-reaching implications for your operations, liability, and tax obligations. Claremont Management offers a comprehensive overview of each business entity type, weighing the pros and cons of sole proprietorships, partnerships, corporations, S corporations, and Limited Liability Companies (LLCs). Our experts provide a detailed understanding of the legal and tax implications associated with each option.

Tax Implications of Business Formation
When you form a new business, your choice of business entity directly impacts your tax obligations. Claremont Management ensures that you are well-informed about the tax implications of each business structure. From the simplicity of sole proprietorships to the complexity of corporations, we guide you through the nuances, helping you make decisions that align with your financial goals and regulatory compliance.

Overview of Business Entities:

Sole Proprietorships

  • Most basic type of business.
  • Single ownership with full responsibility for assets and liabilities.


  • Various types based on arrangements and partner responsibilities.
  • Shared ownership and responsibilities among partners.


  • Complex structure suitable for larger, established companies.
  • Separate legal entity with distinct ownership and management structures.

S Corporations

  • Taxed at the personal level, offering advantages similar to a C corporation.

Limited Liability Company (LLC)

  • Blends limited liability features of a corporation with tax efficiencies of a partnership.
  • Offers operational flexibility.

Why Consult with Claremont?
Choosing the right business entity is not a one-size-fits-all decision. The legal and tax implications vary, and the choice you make can significantly impact your business's trajectory. Before forming your new business, consult with Claremont Management. Our experts will help you navigate the intricacies of business formation, providing personalized guidance tailored to your unique circumstances. We ensure that you understand all considerations and choose the structure that sets the stage for your business's success.

Don't embark on your business journey alone. Contact Claremont Management to discuss your new business venture, and let us be your trusted advisors in making informed decisions from the very start.