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    0 Replies Latest reply on Oct 22, 2010 2:37 AM by webfunder

    Control in a C-Corp

    webfunder Newbie
      Hi, if I create a C-Corp and want full control of the business, does this entity structure allow for me to be the CEO and be the only board member and therefore retain full control (own all shares), and just hire employees (who wouldn't be shareholders) as needed? I may want investors at some point but not now. I'm concerned that there are corporate rules in the states I'm considering (WY, NV, SD), where if I'm not careful I could lose control. Is there a free online source that addresses this in layman's terms where I could learn about the risk or non-risk associated with this? Any detailed insight is very much appreciated here. Hope aeveryone is doing well. :)