Formation and Business Entities

We’ll help you understand the types of business entities available today, how to maximize the legal benefits of each, and which may be best for you. We draft articles of incorporation, operating and membership agreements, partnership agreements and other required documents, and we can help plan for financing or initial capitalization no matter which type of business entity you choose, including:

• Sole proprietorships
• General partnerships
• Limited partnerships
• Limited liability corporations
• Franchises
• Joint ventures
• Corporations
• Professional service corporations
• Limited liability partnerships
• Nonprofit corporations

You’ll see what activities are critical to the formation of a business, such as:

• Funding strategies
• Insulating an owner’s assets from management liabilities
• Capitalizing on fringe and tax benefits, special uses, and business and estate
• planning purposes of a given entity
• Protecting business assets and proprietary rights
• Creation of key relationships, including the use of independent contractors
• Proper corporate operations and legal procedures

We’ll help you look ahead and plan for the issues that traditionally arise at the end of the company’s life. We can help you avoid deadlock between owners, position your business for successful sale, and properly dissolve your business when there is no buyer or after the assets are sold.

We can also help you coordinate your use of professionals who specialize in helping small businesses, including:

• Accounting and tax professionals
• Banks that work well with small and growing businesses
• Insurance brokers
• Marketing and management consultants

But if you already have your own professionals, we’ll work closely with them to provide a continuity of service that protects your interests.