... marketing and financial executives, a solid board, strong strategic alliances, and a history as well as a plan for Management 11adaptability, you can greatly enhance the probability of ... detailed nature of corporate law. As a practical matter, the formation of a corporation can be less expensive than forming a general partnership, a limited partnership or a LLC. Ease ... shareholders and management • Double taxation: corporation taxed as an entity and shareholders taxed on distributions • Management generally separate from shareholders: Management appointed...