Quiz Form | Targo

Would you like to issue and transfer shares to control ownership?

Yes, I want the ability to issue and transfer shares easily No, I want full ownership and don’t need shares. Maybe, if it helps in raising funds later I’m not familiar with shares

How many owners will be involved in your business?

Just me (solo business) Two or more partners (but less than 100) A larger group of investors (more than 100) Not sure yet

Do you want to protect your personal assets from business risks?

Yes, I want limited liability protection No, I am okay with personal liability Only if my business involves major risks Not sure, but asset protection sounds useful

Do you plan to raise funds from investors?

Yes, I will need outside investors. No, I will self-fund my business. Maybe, but not immediately. I’m not sure.

How do you feel about government compliance and regulations

I’m okay with strict regulations if they benefit my business. I prefer minimal compliance and legal formalities. I don’t mind some paperwork, but nothing too complex. I dislike regulations and want the simplest structure possible.

Will your business engage in large contracts, loans, or major transactions?

Yes, I plan to engage in large financial transactions. No, I’ll run a small business with minimal contracts. Maybe in the future, but not right now Not sure yet.

Do you want the business to continue even if the owner(s) change? (Perpetual Succession)?

Yes, I want my business to exist independently of the owners No, I prefer a structure where the business ends if I leave. Maybe, but I need to understand more about this. I don’t know what this means

How important is business credibility to you?

Very important – I want a structure that makes my business look reliable. Somewhat important – credibility matters but isn’t my priority. Not very important – I just want to focus on my business. I’m unsure.

Do you want to take advantage of tax benefits and incentives?

Yes, I want maximum tax benefits. Somewhat – tax savings would be useful but not my main focus. Not a priority – I don’t mind paying taxes as applicable. Not sure, I haven’t considered this yet.

What are your long-term business goals?

To expand significantly, possibly go public. To stay small and manageable. To grow but remain privately owned.. Still figuring it out..

Do you want to share profits equally with your partners, or have flexible arrangements?

I want profit-sharing flexibility (adjust per partner’s contribution). Equal profit-sharing is fine. I don’t have partners Not sure..

Would you prefer a structure that allows you to exit or sell the business easily?

Yes, I want an easy exit strategy. No, I plan to keep this business for the long term. Not sure, but flexibility sounds good. Haven’t thought about it.