EBC Learning Live Online Course on ACL: Choosing an Entity

The course will critically analyse the practical aspects of choosing a business entity from among the following:

• Partnerships
• HUF
• Joint ventures
• LLPs
• LLCs
• OPCs
• Producer companies
• Other types of companies?
• Cooperative societies
• Trusts, societies, waqf and section 8 company (charitable purposes)

You will learn what factors lead you to decide on a particular entity. What are the possible advantages and disadvantages of choosing one entity over the other? Additionally, the live session will include a discussion based on a pre-class assignment. The class will have a matrix on which the students will have to engage and debate to choose the correct entity for a specific business model.?

At the conclusion of the course, you will be able to advise your prospective clients on the forms of business organisation. You may have to persuade them to choose one form over the other and sometimes recommend conversion from one to another as per their desired goals. You will be able to suggest or provide consultancy to many startups upon their form of business organisation. You can help them make informed choices about what is financially, economically (in terms of liability) and even a socially viable option at hand. You can also monetise this skill as a lot of startups suffer from no to negligible and even bad legal advice during the initial days while setting up their business.