[Verse 1] Sarah builds her startup dream with papers filed in Delaware Corporation shields her assets while the profits flow with care Limited liability wraps around her personal estate While the board of seven members holds the power to create [Chorus] C-Corp, S-Corp, LLC today Partnership or sole proprietor, choose your corporate way Authority flows down the chain, from shareholders to the street Piercing veils and alter egos make the liability complete [Verse 2] Marcus signs the merger docs but lacks the proper power Ultra vires transactions crumble in the final hour Board resolutions authorize what officers can do Without the corporate seal and vote, the contracts won't pull through [Chorus] C-Corp, S-Corp, LLC today Partnership or sole proprietor, choose your corporate way Authority flows down the chain, from shareholders to the street Piercing veils and alter egos make the liability complete [Bridge] Commingling funds will break the wall Personal guarantees enthrall Undercapitalization's trap Makes the corporate structure snap [Verse 3] Double taxation hits C-Corps on profits and dividends Pass-through entities dodge the hit, the income transcends Operating agreements bind the members to their roles While general partners face the risk with unlimited exposure's tolls [Chorus] C-Corp, S-Corp, LLC today Partnership or sole proprietor, choose your corporate way Authority flows down the chain, from shareholders to the street Piercing veils and alter egos make the liability complete [Outro] Structure determines destiny in every business deal Choose your entity wisely now, the consequences are real
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