Discussioon: Types of Legal Entities
Read the case study "Starting a New Health Care Services Company" on pp. 152-153 of Patterns of Entrepreneurship text. Identify the legal structure and discuss issues involved in starting the business.
• Based on the above discussion, what type of legal structure, or type of entity, would you recommend and what formation documents are necessary for that type of entity?
• Are there additional initial legal contracts you would want in place as you start the business? If so, please identify the type of legal document and state why you deem it to be important.