Start with the goal
What are you trying to change: liability exposure, how you take compensation, how you bring in partners, or how you plan to exit? Different goals point to different conversations.
Questions for your attorney and accounting professional
What ongoing obligations does the new structure create? How does compensation change? What filings and deadlines come with it? What does the transition cost in time and fees?
The coordination problem
Structure touches legal, accounting, banking, and operations at once. Most regret comes from changing it in isolation. Coordinate the decision before you file anything.
This article is general educational information. The Fennell Group Collective provides advisory, educational, and organizational services. Nothing on this site constitutes legal, customs brokerage, accounting, or investment advice, and no outcome is guaranteed.