Incorporation Basics

Make your business official

Before your product has been developed and gone to market, you must establish your startup as a corporate entity. This class will explain incorporation and define key terms and milestones you should consider before starting the process.A
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Learning Pillar

Business Viability

Stage

Discovery

Time

20 minutes

Course Learning Objectives:

  • Know the difference between a C-Corp, S-Corp, and LLC, and determine which business entity is best for your company 
  • Understand founder agreements and legal considerations for early businesses with a cofounder  
  • Outline the different legal and tax implications of each corporate entity

Click on a lesson below to get started:

Meet the instructor

EMILY UNDERWOOD
ASSOCIATE CLINICAL PROFESSOR
BLUHM-HELFAND DIRECTOR, INNOVATION CLINC AT UNIVERSITY OF CHICAGO LAW SCHOOL