Empowerment Works recently met with an entrepreneur who wanted to start their own professional services consulting firm. After some discussions it was determined that an S corporation was the best vehicle to organize the new company, which will have three employees to start.
Empowerment Works provided pro bono services to create a new Florida corporation, get a Employer Id Number for the corporation from the IRS, and file an election with the IRS have the new corporation treated as an S corporation, and provided advice on various start up issues.
This was our 152nd pro bono consultation and was the 28th new business we helped establish. Another entrepreneur on their way!