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A SelectSmart.com Flowchart by willm. See willm's 4me blog page.
Viewed 166 times. Created April 2015.
This SelectSmart.com Advice flowchart, a free online decision tool is a creation of willm and for amusement purposes only. The implicit and explicit opinions expressed here are the author's. SelectSmart.com does not necessarily agree.
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Inc?

               
Host an event?
YES
Desire some protection from liability?
YES
Incorporate. Create a corporation for profit?
NO
Incorporate as not-for-profit entity. NFP must be for the benefit of the general public (a charity) or for the benefit of its members (a club or association) Create charity?
NO
Incorporate as a NFP Club. Requires members, and that the purpose of the club is to serve its members, and that the club may not be open to the general public. Non-members and corporations are considered the 'general public'.

NO


NO


YES


YES


Do not host event.
Do not incorporate, host event out of your personal bank accounts.
Create a for-profit corporation. Establish owners (shareholders) owners, directors, officers.
Not a viable answer. Start over.
A club without members is not a club, and members whom do not pay dues are not members.









 
 
Host event.
YES
Participants of the event should be club members. Are they?
YES
Create Club to host event?







NO


NO
 
 
 
Does not fit definition of club.
No club. Start over.