Barry Lapides | Source | Partner in the Business, Finance & Tax Team at Berger Singerman
Barry Lapides
Partner in the Business, Finance & Tax Team at Berger Singerman
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I think the primary reason [to form a new entity] is to limit liability and to shield assets.
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When construction companies need to build a new identity
Using a DBA or creating a new corporate entity are ways contractors can distribute liability, expand geographically, update brand identity or even take on work that would put them in political crosshairs.
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Employment
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Berger Singerman (https://https://www.bergersingerman.com)
Partner in the Business, Finance & Tax Team