LegalEntityGovernance

#LegalEntityGovernance is an element of #Operational that may needs to be established or in place for an eDream to be viable.

Examples of questions to consider:

• Need a legal entity created or revised?
  • What is the entity? Personal, business, not-for-profit, etc.
  • Need to establish legal status for Self-employed, Sole Proprietorship, Partnership, LLC, C or S Corporation?
  • Who owns it?
  • A legal entity may be required to operationalize your idea or to protect you from things like lawsuits.
• If your dream or complex goal involves multiple people with a vested interest, a method for making decisions may need to be formalized.