Counsel and advice on business formation.We take time to make sure that business owner clients understand the business formalities and the importance of those formalities to avoid significant mistakes that can lead to exposure to unnecessary liability. We handle the process of corporate or LLC formation to make sure that a solid foundation is established. Discussing the choice with an attorney and a certified public accountant is recommended to get well-rounded guidance before making that choice.
Choosing the right form involves a number of considerations. Most business owners choose either the corporate or LLC form of business. A solid foundation of understanding should be laid from the beginning to avoid unnecessary exposure to personal liability. The benefits can be lost, however, through lack of understanding, inattention and failure to follow through. The corporate and LLC forms of business ownership provide the benefit of protecting the owners from the liabilities of the business. We help entrepreneurs determine what kind of business form makes the most sense for what they are doing, and we take care of setting up the business form and maintaining it so our clients can focus on the business. A partnership may be a general partnership or a limited partnership or some variant.
If two or more people will be involved in the ownership of the business, the choices are, generally, a partnership, corporation or limited liability company. Anyone who wants to start a business needs to determine whether to operate as a sole proprietor, partnership, corporation or limited liability company (LLC).
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