Business Practice

Business formation is a big step.  It can mark the transition between being an employee and being your own boss.  It doesn't come easy though.  There are dozens of things to take into consideration before you start out, not the least of which is choosing which type of entity is best for your business.  Should you and your friend form a partnership?  After all, you keep referring to yourselves as partners.  Does a corporation make more sense?  What about those newer entities like LLCs and LLPs?  What do all those letters even mean? 

We have the quality and depth of experience to help you make sense of the alphabet soup of designations tossed around in business formation and advise you on which one may be the best for your situation.  We can help you apply for the licenses required for your business to lawfully operate.  We can also help you by preparing partnership agreements, buy-sell agreements and related documents.

If you have already gotten your business past the awkward first stages, we can also help you with everyday things including contracts, leases, employment issues and other legal issues.  We can make sure you are taking care of the things that tend to fall by the wayside, but which are essential for maintaining your existence such as shareholder meetings, electing directors and replacing departing officers and directors.  We can also help you as you look farther down the road by starting to plan for the transfer of your business to the next generation or in the event of a serious illness or death.

If you are in the Tri-City area and are planning on starting your own business, need help getting your business to the next level of success, or need help planning for the transition of your business to the next owners, we have the experience you need.  Contact us today to make an appointment with one of our attorneys who can advise you on the best course of action for your business.