Step 14 of 30 · Launch
Business type and ownership
What it is
Selecting the legal structure and defining ownership, control, decision rights, vesting, and future capital implications.
Why it matters
Structure affects liability, tax, governance, and fundraising; ambiguity creates expensive disputes later.
What Flir develops
Structure recommendation, ownership framework, decision-rights map, and adviser question list
Target objective
Establish a legal foundation aligned with risk, control, taxation, and funding ambitions.
Two founders agree a 60/40 split with vesting and form an LLC so personal assets remain separated from company liabilities.
Monitoring brief
Signals Flir should keep checking as this part of the plan evolves.
- Tax and company-law changes
- Founder ownership and vesting risks
- Structure requirements from future investors