Business Law: Starting With the Basics
Overview of Business Formation & Incorporation
When starting a business, the process can be overwhelming. It seems everyone around you has different advice on what you need to do to start your business. Unfortunately, many times we do not meet clients until they are already in a business dispute. This is why an experienced business law attorney who is knowledgeable in business formation and incorporation is essential from the beginning to getting started on the right path.
Why do I need a business formation attorney?
Whether you are a small start-up, a family owned and operated business, or an experienced entrepreneur opening your fourth business, a business law attorney can work with you throughout all stages of the business entity formation process and help you navigate what type of business entity is best for you. A business law lawyer will help you select what entity structure suits your company best, whether it is a sole proprietorship, partnership, S-corporation, C-corporation, limited liability company (LLC), professional limited liability company (PLLC), or other entity structure. The type of entity selected effects everything from taxes, personal liability exposure, reporting requirements, and the flexibility of your business operations. A business law attorney will also assist in making sure you have the proper bylaws or company agreements in place and help protect your business from the start from potential disputes.
At ML|MW, our goal is to make sure you understand your entity structure formation options, maximize your business operational efficiencies, minimize your personal liability and risk, and make sure you have operational agreements that protect your business when business relationships fail. Give us a call today at (281) 582-1296 to schedule your free consultation Lindsey B. Craft, and get your business started on the right track. With Lindsey on your side, rest assured you can feel comfortable, safe, and confident knowing that your business is in the best hands.